Gottex In Joint Venture With China's VStone

Nov 6 2013 | 10:36am ET

Fund of hedge funds Gottex Fund Management will join forces with a Chinese firm to expand its foothold in the region.

The Swiss firm will set up a joint venture with VStone Asset Management. The deal will allow Gottex to both invest and raise money in the region, it said.

"Our objective is to build out Gottex capability in China and to be able to provide our investors access to China's onshore markets across equity, fixed-income and private equity," Gottex co-founder Max Gottschalk told Reuters.

The VStone deal is Gottex's second j.v. in Asia this year; last month, it struck a hedge-fund seeding arrangement with Hong Kong-based Headland Strategic.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of