K–Asia Content Fund — powering Asia’s most commercial stories
A $25M semi-blind media fund backing high-concept, commercially viable Korean and pan-Asian films and series built for international distribution and franchise potential. A tri-national partnership between GAIA Venture Partners (KR), Simsan Ventures (UK/UAE), and Phoenix Waters Productions (HK/UK).
OVERVIEW
About the Fund
- Fund size: $25M semi-blind pool
- Focus: Up to 70% Korea, up to 40% pan-Asia
- Formats: Films, series, microdramas, hybrid IP
- Stages: Development • Production • Finishing
- Exits: Sales, platform licensing, international distribution, equity participation
Investment focus
We invest in bold, genre-driven IP with clear international upside. Typical characteristics:
- Recognisable genre hooks (thriller, action, elevated drama)
- Cast/packaging with cross-border marketability
- Distribution path pre-mapped (sales interest, platforms, or regional partners)
- Franchise or remake potential (format, series, or regional remakes)
STRUCTURE
Fund Structure
- Pool: $25M semi-blind
- Allocation: Up to 70% Korea; up to 40% pan-Asia
- Formats: Films • Series • Microdramas • Hybrid
- Stages: Development / Production / Finishing
- Exit strategy: Sales; platform licensing; international distribution; equity participation
We operate a selective slate model, curating projects with strong creative impact and bankable commercial pathways.
STRATEGIC PARTNERS
Led by Industry-Leading Partners
The K-Asia Content Fund is a collaboration between GAIA Venture Partners, Simsan Ventures, and Phoenix Waters Productions. Together, these three entities bring decades of experience in international co-production, venture financing, and commercial IP development across Asia and Europe.
This tri-national structure allows us to bridge regional and global markets through innovative, commercially viable storytelling.
TRACK RECORD
Track Record of Impact
While the K–Asia Content Fund is a new initiative, it’s managed by teams with proven execution across investment, production, and distribution.
- Phoenix Waters Productions — Producer of TAPE (HK remake of Richard Linklater’s Tape), with festival premiere and multi-territory distribution; HK crime series Forensic Psychologist with UK remake in development.
- Bizhan Tong — Former Barclays (UK) finance professional; SFC-licensed (Type 4 & Type 9 in Hong Kong); Non-Exec Director at a Hong Kong private equity firm; External Media Advisor for regional funds; CEO of Phoenix Waters Productions, overseeing film structuring and finance.
- GAIA Venture Partners — Led by Executive Director Dongjun Lee, who was honoured at the Korean Venture Capital Awards by the Minister of Culture, Sports, and Tourism (Dec 2024) for contributions to Korean entertainment.
- Simsan Ventures — Cross-border investor across Europe and Asia with media and entertainment holdings.
WHY K-ASIA
Why Partner With K-Asia?
- Strategic exposure to Korea, Hong Kong, and Southeast Asia
- Cross-border distribution via established sales, platform, and theatrical partners
- Creative + commercial balance — projects curated for both festival and mainstream outcomes
- Experienced management across award-winning productions and market-proven titles
- Led by industry professionals with combined experience in film, finance, and regulated asset management
CONTACT
Get Involved
We’re actively seeking co-investment partners, strategic collaborators, and institutional investors aligned with our vision.
To receive the investment deck or explore co-production opportunities, reach out directly:
Contact:
E-mail: bizhan.tong@phoenixwatersasia.com
Tel (UK/WhatsApp): +44 (0)77 9004 3741 (UK)
Tel (HK): +852 6772 6605 (HK)
This webpage is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offering will be made only to qualified/professional investors by means of a private placement memorandum and in accordance with applicable securities laws and jurisdictional restrictions. Past performance is not indicative of future results.