Toscafund, the London-based asset manager chaired by Martin Gilbert, has expanded its Asia Pacific presence with the opening of a Hong Kong office.
It is the firm’s second office in Asia and its fifth overall.
The Hong Kong business will be overseen by Mark Tinker, former senior fund manager with AXA IM and founder of financial research firm Market Thinking, and Jonathan Sleath, former investment director at Investec in London and Hong Kong.
The long-term plan is to recruit “the best local talent” in the Hong Kong and Greater Bay area and develop the investment platform, stated Toscafund.
“I’m really pleased we are opening in Hong Kong as we see great potential for investors, especially family offices and high net worth individuals joining the existing network,” said founder Martin Hughes.
© 2022 funds global asia