About Us

Our Values

The home for early growth stage equities in APAC and beyond

NonPublic originated from the vibrant and rapidly expanding startup ecosystem in Southeast Asia in 2023.

Leveraging an emerging yet fast-maturing market, and a rising interest in private market syndications by insiders from the industry, the group’s Ascend Angels cohort has administered more than $20m in SPV transactions.

The team behind Ascend Angels created NonPublic to offer motivated investors access to private markets.

NonPublic Dinner Meeting
Our Journey  

Ground-Up Innovation 

Our story started in 2021 when a group of successful founders-turned-investors started to pool money to invest in startups and pre-IPO secondaries under the brand ascendangels.com 

NonPublic Dinner Meeting
2021

Ascend Angels started as a syndicate of like-minded individuals and quickly grew to over 400 members, investing more than USD 1 million a month across three distinct streams: early growth-stage angels, pre-IPO and venture capital funds.

2022

ORVEL Fund 1

The founders of Ascend incubated ORVEL, a fund focused on SEA-based pre-Series A companies, leaving room for global opportunities with a strategic fit. The fund zeroes in on themes defining Southeast Asia's future and gains access to co-investments with leading VCs through Ascend's network of renowned founders and operators.

NonPublic team members
NonPublic team members
2023

NonPublic Group

NonPublic Group brings together Ascend Angels, ORVEL, and further fund products under the banner and upcoming platform of NonPublic to provide a diverse range of services across private markets. 

2024

NonPublic Platform Launch & Ascend Angels Growth

The NonPublic platform will launch in early 2024 (subject to licensing approval) and will allow selected third parties to efficiently build SPVs fit for Southeast Asia’s investment environment, and with a pathway for liquidity via its secondaries marketplace. Ascend Angels’ global footprint will grow to encompass new chapters, covering other developing markets globally.

NonPublic team members
NonPublic team members
Who we are

Our leadership

Our leadership team and board draws deep from a close community of successful founders, investment professionals, & global business leaders.

Milan Reinartz
Milan Reinartz

CEO

After two exits in the ad tech space, Milan founded Ascend Angels in 2021 – a community that quickly became Singapore’s largest founder-driven syndicate. He also serves as a Partner for Orvel Fund I. His passions centre around zero to one growth, ecosystem building, and driving positive outcomes for private market investors.

Dennis Peters
Dennis Peters

Head of Investor Relations

Dennis is a finance professional with a banking career spanning 18 years. Before running his own wealth management company, he worked in private and investment banking for UniCredit Group, with expertise in portfolio management for HNW/UHNW. Over the past years, his focus has shifted largely to private markets for accredited investors.

Chelsie Cay
Chelsie Cay

Marketing and Partnerships Manager

Chelsie has over half a decade of experience in tech and startups, focusing on data-driven marketing, executing product-led growth, and managing end-to-end consumer experiences. Notably, she has contributed her skills to leading players like Grab and Lazada Philippines, in addition to being a founding member of Singapore-based startup, Sourcy.

Adriel Yong
Adriel Yong

Head of Investments

Adriel is the Head of Investments at Ascend Angels. Prior to joining NonPublic, Adriel was a Venture Fellow at UK-based Hummingbird Ventures and also founded the Singapore-based education non-profit, Access Singapore. He has angel invested in over 10 early stage startups across Southeast Asia. Adriel graduated from Yale-NUS College with a BA (Hons) in Global Affairs.

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