GRE Finance (GRE), a new principal lender with the backing of specialist property funder ASK Partners (ASK), has entered the commercial property market.
LendInvest, a UK platform for property finance, has appointed digital-first law firm, Juno, to its legal panel for its Buy-to-Let product.
Despite a challenging fundraising environment, the new Limited Partnership Fund Ordinance regulation (LPF) has the potential to make Hong Kong the preferred domicile for investment funds in Asia, especially once travel restrictions are lifted. As investors seek to broaden their portfolios, Asian funds can be a valuable source of diversification.
Hong Kong recently introduced regulatory reforms, policies and incentives to drive growth and increase Hong Kong’s attractiveness as a fund domicile. The newly adopted Limited Partnership Fund Ordinance (LPF) bill allows Hong Kong’s private equity firms to launch limited partnership funds. Already, there are signs that firms are taking advantage of the market to innovate.
As Asian investors demonstrate a growing appetite to allocate to alternative investment funds, Hong Kong is becoming more attractive to managers looking to make the most of the opportunity.
By A Paris – As the investment industry continues to face a low interest rate environment and the appetite for private capital persists, the Hong Kong asset management industry is well-placed to benefit from the drive to diversify and broaden allocations across Asia. And although some industry commentators point to further progress needed, the legislative changes and supportive environment being fostered represent a huge leap ahead in the jurisdiction’s competitiveness.
MSCI Inc, a provider of critical decision support tools and services for the global investment community, has launched its Private Infrastructure Modeling Service, a new service that will help investors profile the risk of complex private infrastructure holdings and provide data-driven insights to inform investment decisions.
Ocorian has been appointed administrator of Man GPM RI Community Housing Fund 1 Limited Partnership which has completed its first close.
Global property consultancy Knight Frank has launched Knight Frank Capital Advisory (KFCA), an FCA-regulated entity providing a combined capital debt and equity sourcing service for clients in the UK and across Europe.
Retail property investment company Edinburgh House Estates Ltd has launched an independent property and asset management specialist: ESTAMA UK. Aligning with the company’s European division ESTAMA GmbH, ESTAMA UK will drive all asset and property management initiatives for its clients.