Swiss-based private markets firm Partners Group has expanded its presence in Asia with the opening of a new office in Hong Kong.
Partners Group has opened its first office in Hong Kong, according to a statement. Henry Chui has been appointed to head the office, in addition to his role as head of private wealth APAC. In the new role, he will manage a dedicated team focusing on client activities in Greater China with a focus on expanding the firm’s private wealth client base by adding strategic distribution partners locally.
«As a major economic center and regional hub for the Greater Bay Area, Hong Kong has a key role to play for private markets,» said Kevin Lu, partner and chairman of Asia at Partners Group. «We have seen a significant increase in investor appetite for private markets in the Greater China Area and look forward to deepening our relationships with clients and investment partners here.»
Asia Presence
Following the launch, Partners Group will have 21 offices worldwide with 1,900 professionals. It first established its presence in Asia with the opening of its Singapore office in 2004. In addition to the two hubs, the firm also has Asian offices in Manila, Mumbai, Seoul, Shanghai and Tokyo, housing 550 people across the region.
«Individual investors in Asia are increasingly looking to private markets as a means to access the real economy,» Chui said. «Having boots on the ground in Hong Kong is important to provide local coverage to our distribution partners in the Greater China Area and complements our coverage across the rest of the region.»
Partners Group has approximately $150 billion in assets under management with investment programs and custom mandates spanning private equity, private credit, infrastructure, real estate and royalties.
