Brilliance Asset Management Limited
- Regulatory AUM
- $937M
- Discretionary
- $937M
- Clients
- 4
- Avg AUM / client
- $234M
- Accounts
- 4
- Employees
- 19
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Sep 25, 2025
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 4 | $937M | 100.0% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Sep 2024 · $747M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Brilliant Partners Fund Lp master | Hedge Fund | Cayman Islands | $497M | 49 |
| China Core Fund master | Hedge Fund | Cayman Islands | $215M | 18 |
| Pch Manager Fund, Spc. Segregated Portfolio 207 | Hedge Fund | Cayman Islands | $33.9M | 4 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Cai, Quan, Joyce | Spouse | Mar 2014 (12y) | 75% or more | |
| Shi, Lin | Director | Mar 2014 (12y) | 75% or more | |
| Kyong Chul, Choi | Chief Executive Officer, Chief Operating Officer, Chief Compliance Officer | Jan 2023 (4y) | Less than 5% |
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (3, $747M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Brilliant Partners Fund Lp | Hedge Fund | $497M | $500K | 49 |
| China Core Fund | Hedge Fund | $215M | $500K | 18 |
| Pch Manager Fund, Spc. Segregated Portfolio 207 | Hedge Fund | $33.9M | $250K | 4 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 09/25/2025 | 1.89 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: IT WAS ALLEGED THAT, OVER THE COURSE OF APPROXIMATELY THREE YEARS, A TOTAL OF 7,814 SHORT POSITIONS HELD BY FOUR COLLECTIVE INVESTMENT SCHEMES MANAGED BY BRILLIANCE WERE EITHER MISSTATED IN OR OMITTED FROM 403 SHORT POSITION REPORTS (OR FAILED TO BE SUBMITTED) BY BRILLIANCE TO THE HONG KONG SECURITIES AND FUTURES COMMISSION. Status: Final Sanction Detail: ON FEBRUARY 22, 2021, THE HONG KONG SECURITIES AND FUTURES COMMISSION FINED BRILLIANCE HK$3.15 MILLION (APPROXIMATELY US$406,000). BRILLIANCE PAID THE FINE ON 19 FEBRUARY 2021. Summary: ON 2/22/2021, THE HONG KONG SECURITIES AND FUTURES COMMISSION ("SFC") PUBLICLY REPRIMANDED AND FINED BRILLIANCE HK$3.15 MILLION (APPROXIMATELY US$406,000). SFC CONDUCTED THE INVESTIGATION AFTER TWO SELF-REPORTS BY BRILLIANCE, AND BRILLIANCE TOOK PROMPT REMEDIAL ACTIONS AND COOPERATED WITH SFC IN RESOLVING ITS CONCERNS.THE INVESTIGATION IS CLOSED.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Sep 25, 2025.
View current Form ADV (SEC/IAPD) ↗