Monday, 26 September 2016
Last updated 47 sec ago
Apr 10 2008 | 10:11am ET
New York-based Octavian Advisors, a $1.1 billion alternative investment firm, is ramping up its Asian portfolio via a joint venture with The Goshawk Group.
Shanghai, China-based The Goshawk Group invests in distressed and proprietary corporate and real estate opportunities throughout Asia. The firm will help source and co-invest in distressed, private, and special situations opportunities with Octavian.
As part of the joint venture, Goshawk will also locate its New York office with Octavian, where co-founder Jonathan Lipton, will be based full-time.
“Asia offers an enormous array of the complex and proprietary situations Octavian seeks,” said Richard Hurowitz, Octavian’s co-founder. “Our relationship with Goshawk will allow us to further build our presence and network in Asia not only for distressed deals, but also for our growing role as a provider of merchant capital.”