Sat, Aug 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

To source Asian hedge fund managers and grow assets Mesirow Financial announces Hong Kong office

Thursday, August 04, 2011
Opalesque Industry Update - Mesirow Financial announced that it plans to open a Hong Kong office in the fourth quarter of 2011. Mesirow Financial Hong Kong Limited will be a subsidiary of Mesirow Financial Holdings, Inc., and will be initially staffed with senior investment professionals and client relationship personnel of the firm’s fund of hedge funds group, Mesirow Advanced Strategies, Inc.

The expansion into Asia is part of Mesirow Financial’s broader global development strategy, which saw the opening of a London office in June 2007 and a joint venture partnership with Mubadala Development Company in Abu Dhabi in February 2011. “An unwavering trend in our industry has been globalization,” said Richard Price, chief executive officer of Mesirow Financial. “In order to serve our increasingly international client base, it is critical to have local presence in all major markets.” With the opening of the Hong Kong office, Mesirow Financial will now have a presence in North America, Europe, Asia and the Middle East.

“Being on the ground in Hong Kong will provide many benefits to our clients,” added Marty Kaplan, chief executive officer for Mesirow Advanced Strategies. “It will foster stronger relationships with our existing client base in Asia, which represents approximately 30% of our assets under management. It will also strengthen our research capabilities by enhancing our market knowledge within the region and providing for greater sourcing opportunities in selecting Asian hedge fund managers.”

Source

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq

  3. David Tepper says we're 'nowhere near an overheated' stock market[more]

    From Marketwatch.com: Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is "ridiculous." The hedge-fund manager, who runs Appaloosa Management, told CNBC in a phone interview on Tuesday that the market's record run, notwithstanding la

  4. Opalesque Exclusive: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc

  5. Investing - Buffett's Berkshire Hathaway will not increase its Oncor offer, Travel-tilting hedge funds are investing in airlines and online travel agencies[more]

    Buffett's Berkshire Hathaway will not increase its Oncor offer From Reuters.com: The energy unit of Warren Buffett's Berkshire Hathaway Inc said on Wednesday it will "stand firm" on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase it