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

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...