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

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of