WRISE Expands Business to Corporate Advisory

Singapore-based multi-family office WRISE has launched a new business unit that will provide corporate advisory services.

WRISE has launched WRISE Capital – a new core business unit that will provide a full range of corporate finance and advisory services, including M&A and takeovers advisory, IPO sponsorship and preparation, post-listing and compliance advisory services for Hong Kong-listed companies – according to a statement.

The strategic expansion follows the acquisition of Elstone Capital, a licensed financial advisory firm in Hong Kong managing deals such as IPOs, takeovers, privatizations and listing transfers. WRISE Capital will operate from Hong Kong, serving clients globally.

Leadership Team

The new unit will be headed by newly appointed CEO Nicholas Cheng. It will also include a management team with chief strategic officer Alan Au-Yeung and chief operating officer Fanny Lee.

«The acquisition of Elstone Capital and the formation of WRISE Capital represents a significant milestone in our Group’s strategy to provide a comprehensive 360-degree wealth ecosystem for clients,» said Derrick Tan, executive chairman at WRISE Group.

«With a rich history of successful transactions and a deep understanding of global financial markets, Elstone Capital’s expertise aligns perfectly with WRISE Group's commitment to providing clients with tailored strategies across key global financial hubs. As investors and businesses seek financial advice today’s dynamic market, WRISE Capital will continue to extend strategic expertise and innovative solutions to our clients.»