“The reason we have an office here is to be close to our investors,” Yao said in an interview with the Post on Thursday. “We have very important insurance companies that have already committed to our various products. To be close to clients is one thing we want to develop in Hong Kong.”
“Private wealth is also a big topic in our industry as a source of capital. Investment-wise it is very important for the secondary business,” Yao added. “So we have a lot of sellers here and we have most of the intermediaries, the investment bank side, also here. It’s also very critical for us to further expand our secondary business in the region.”
It has about 50 long-standing clients in the Greater China region. Its investors include insurance firms, sovereign wealth funds, private wealth investors and endowments.
