Dec 6 2011 | 1:01pm ET
Mesirow Financial’s fund of hedge funds has opened an office in Hong Kong and transferred two staffers from Chicago to run it.
Mesirow Advanced Strategies has been investing in Asia for six years and almost one-third of its assets are managed for Asian clients. “It’s a dual opportunity,” Thomas Macina, president of Mesirow, told Financial News. “The first is to get closer to the Asia opportunity set and the second is to get closer to our clients.”
The staff the new office, Mesirow has moved research senior vice president Edward Littmann and office manager Alex McCarthy from Chicago. A senior client relations executive will join the office later this month.
In addition, Mesirow plans to add as many as four additional staffers next year.
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