Chongyang goes international with the launch of its maiden offshore vehicle
Sat Jun 26, 2010
Private fund management giant Chongyang moves offshore with HK-based fund
Chongyang Investment Management, the largest onshore
private fund manager in China - with CNY5 billion ($732
million) in assets - has made its first offshore move by
launching a China-related equity long/short fund out of Hong
Xuli Li and Qiu Guo Geng
Chongyang is looking at this as the incubation stage for its
offshore hedge funds business and intends building a track
record with the new fund. The firm may also consider setting
up a Hong Kong shop, depending...
ISSN: 2151-1845 / CDC10004H
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