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Komfie Manalo, Opalesque Asia:

Managers who want to operate a hedge fund in Hong Kong and launch very quickly can do so using the Sunrise SPC (segregated portfolio company) platform. The Sunrise SPC was launched last year by Oriental Patron Financial Group to shorten the launch period for select hedge fund managers from six months to about six weeks. The offering is currently mainly directed towards mainland China hedge fund managers wanting to launch an offshore (Hong Kong) fund, attract international capital and establish an offshore track record.

"It’s especially good for managers who have visibility on specific inflection point of the market," said Alvin Fan, Chief Executive of OP Investment Management and Head of Asset Management for the Oriental Patron during the latest Opalesque 2016 Hong Kong Roundtable.

He explained that one of the big challenges for managers coming offshore from PRC is the capital cost but added that the time cost is a little bit more difficult. The time required just to establish a normal fund is typically around three to six months, if you are lucky, and this does not include setting up your SFC license and other requirements.

To address this, Fan said they created the Sunrise SPC to accommodate managers who want to operate from Hong Kong and launch very quickly with......................

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