LaCrosse Global Fund Services is exploring the possibility
of establishing a presence in Hong Kong even as it seeks to
expand its capacity in Singapore.
Christopher Kundro, co-CEO of the fund administrator said
the firm was also looking into the possibility of establishing
itself in Tokyo and Sydney, "but only after Hong Kong's
viability has been considered." He added that LaCrosse already
has its first two hedge fund clients in Hong Kong.
LaCrosse is looking to see a 25% growth in its Asia business
this year and will be looking to hire more people as it seeks
to win more hedge fund mandates. The group, which has a staff