TLDR:
– Chinese alternatives managers have come together to form an association in Hong Kong to help raise capital from international investors.
– The association, Chinese Overseas Private Funds Association (COPFA), aims to assist small- and medium-sized onshore private fund managers tap into offshore markets and serve offshore Chinese investors with global strategies.
A group of Chinese alternatives managers in Hong Kong have formed an association called the Chinese Overseas Private Funds Association (COPFA) to help small- and medium-sized onshore private fund managers tap into international investors and defy the global sentiment against Chinese investments. This association was founded in April with members from OP Investment Management (OPIM), GROW Investment Group, and Solas Fiduciary Services. The director of COPFA, Alvin Fan from OPIM, highlighted the need for Chinese managers to tap into international markets due to the increasing challenges of raising capital overseas. The association aims to provide a platform for knowledge-sharing, networking, and collaboration among Chinese private fund managers to better understand the offshore ecosystem and meet the changing demands of global institutional investors. With over 50 members across various sectors, COPFA seeks to bridge the gap between international investors and Chinese managers and showcase the talent and opportunities that China has to offer.
