ISG Preps Maiden China-Focused Private Equity Fund

Apr 3 2007 | 12:26pm ET

Investment advisory firm International Strategic Group is prepping to launch its maiden private equity fund, the China-focused China Expansion Fund-I. The New York and Shanghai-based firm will begin marketing its new offering within the next two months and is aiming to raise $200 million.

The fund will invest between $10 million to $30 million in established private companies that are at the expansion stage, according to Andrew Strott, managing partner and head of U.S. operations.

“There is tremendous deal flow and from our perspective we’re seeing everything from industrial real estate to manufacturing and healthcare services companies,” says Strott. “We won’t look at companies in high-profile industries like telecom. We tend to focus on industries away from the limelight.”

The new offering is managed by a local team based in Shanghai, which Strott says gives it a leg up when dealing with entrenched management teams leery of foreign investors.

“Foreign investors in China are having a very hard time talking to Chinese management teams and executing deals. Family run businesses are a little more reluctant to accept foreign capital but they see us as a local investment firm providing capital that’s needed,” says Strott.

Strott adds that the firm wants raise more China-focused funds, specifically a real estate fund, but there are no immediate plans for that venture.   

Li Li, the former head of futures brokerage firm Zhenxin International Futures Corporation, founded International Strategic Group in 2002.


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Hedgies, Economists and Musicians Mingle At Milkin Mixers In Hamptons

Aug 25 2014 | 6:00am ET

Leave it to Michael Milken to bring some gravitas and sweat to the Hamptons -- along...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.