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Alternative Market Briefing

HK hedge fund secures investment mandate from major Chinese financial institution, Asia-based HNWI

Thursday, October 06, 2016

Komfie Manalo, Opalesque Asia:

Hong Kong-based independent investment advisor Pacific Sun Advisors recently won an investment mandate from one of China’s largest financial institutions. The managed account allocation, which includes funds from both the financial institution and an Asia-based high net worth investor, was finalized in mid-August. The managed account has been set up as a Cayman Island-domiciled entity and is called Pacific Sun China Fund Special Situations Fund 1.

The assets are being invested in China-related listed securities, and allocations such as these are part of a developing trend from Asia-based institutional investors that allocate their funds to independent, niche investment managers such as Pacific Sun Advisors.

"We are extremely pleased to have been selected to manage some of the assets of a major Chinese financial institution," said Pacific Sun’s founder and CEO Andy Mantel, who has lived in Asia since 1990 and has been investing in China-related equities since they became available to international investors in the early 1990s.

Mantel was the founding portfolio manager for one of China’s pioneer fund management companies in 1992, a joint venture between the Shanghai government and one of Taiwan’s largest fund managers.

Pacific Sun Advisors is a Hong Kong-based investment advisor / manager with an affiliate office in Nanjing, Jiangsu province. It specializes in alternativ......................

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