LaCrosse Global mulls Hong Kong presence

Fri Apr 1, 2011

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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 of 35...

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