Launches & Closures

Sparx unifies brands to create pan Asia expertise

by

Shuhei Abe

Kam Bahra
The Sparx Group, one of the biggest alternative investment organisations in Asia, is taking decisive steps to unify its underlying brands and create a pan-Asian expertise.
 
The group – which has now a combined $8 billion in assets under management following its acquisition of two big hedge fund shops, Hong Kong-based PMA and Korea’s COSMO – has announced the creation of a group executive board aimed at enhancing collaboration among its operating companies in three countries.
 
It also created a new executive post of group chief operating officer (COO), who