Sydney-based investment banking firm Barrenjoey has expanded to Hong Kong with its second office outside of Australia.

Barrenjoey has opened a Hong Kong office to offer Australian and New Zealand equities sales, trading and research to Asian clients, according to a statement. The firm accelerated its presence in the city after the acquisition of Forsyth Barr’s local operations.

«Hong Kong is a key global financial center and our presence ensures proximity to our clients in the region, underlining our commitment to this important market,» said Barrenjoey’s head of equities Chris Williams.

Second Foreign Location

Hong Kong becomes Barrenjoey’s second office outside of its home market of Australia after the launch of an Abu Dhabi office in 2024 providing fixed income Australian dollar and New Zealand dollar sales and trading services.

Formed in 2020, Barrenjoey is an Australian firm founded by former local leadership at UBS, including Matthew Grounds and Guy Fowler, and is backed by Barclays. It is currently diversified across six businesses: equities, research, fixed income, corporate finance (including advisory & capital markets) and private capital.