Saturday, 27 August 2016
Last updated 18 hours ago
Jan 28 2008 | 10:40am ET
Hong Kong-based Sun Hung Kai Financial has expanded its regional focus, launching its first private equity fund concentrating on the Asia-Pacific region.
The SHK Asian Opportunities Fund, which reached its initial target of US$100 million, invests in listed and unlisted shares, equity-linked or debt securities and physical assets, in Greater China and the wider Asia-Pacific region.
“Sun Hung Kai as a group has long had a successful track record of deal making in the Greater China region,” said Christophe Lee, CEO. “We continue to see ample opportunities and we believe this Fund represents a fantastic vehicle for us to channel our best deal flows and to generate attractive returns for our investors.”
Sun Hung Kai Financial currently has over HK$60 billion (US$7.68 billion) in assets under management, custody or advice.