Boston-based investment firm Cambridge Associates will open a Hong Kong office to further its focus on Asia as a key market.
In addition to the new Hong Kong office, Cambridge Associates has also made several personnel changes, according to a statement.
Mary Pang, Head of Global Client Practice, Cambridge Associates
It relocated its head of global private client practice Mary Pang (pictured above) from San Francisco to Singapore and hired Edwina Ho last month as senior director of business development for Asia.
Cambridge Associates
The U.S. firm serves a variety of ultra-wealthy clients including family offices, endowments and pension funds. It has more than $38 billion in assets under management from over 230 wealthy individuals and families worldwide including greeting cards company Hallmark’s Hall family and the Rothschilds.
Within Asia, Cambridge Associates already has offices in Singapore and Beijing in addition to the new Hong Kong office.
«Asia has long been a key market for Cambridge Associates and we are very excited to be expanding in Hong Kong as the next stage in our mission to provide strong investment performance and excellent service to clients across the region,» said Aaron Costello, the firm's head of Asia.
