Hong Kong Firm Launches Private Equity FoFs

Apr 7 2008 | 10:00am ET

Hong Kong-based Permavest Investment has closed on a new private equity fund of funds with US$63 million in capital commitments. Raised from high net-worth clients spanning the Asia-Pacific region, the fund was created to provide investors access to leveraged buyout and venture capital partnerships in major Chinese markets.

“It has become evident that funds should not rely on bonds and equities alone to deliver consistent returns in order to meet the long term promise to members,” said Alan Siu Fai, fund manager. “Adding commodities and hedging on forex movements is especially effective at diversifying a fund’s investments and counterbalancing equity volatility, but potentially capturing high returns.”

Permavest Investment is a non-bank affiliate of Amerex Investment Co., a provider of customized institutional financial services for the Asia Pacific region

In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...


FINalternatives Trending

From the current issue of