Launches & Closures

Snow Lake Capital establishes presence in Hong Kong

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Hong Kong regulators have given Snow Lake Capital the license to market hedge funds in the city. The company, which has an office in Beijing, was founded by Sean Ma and manages the long/short equity Snow Lake China Fund that invests in Chinese companies listed outside of the mainland.

Ma and his team of analysts strive to achieve robust returns not strongly correlated to market movements and try to achieve that through a rigorous stock picking approach.

The fund’s AUM is believed to be still below $100 million.

Last year, the fund delivered a 10.52% return and up