Value Partners targets mutual fund JV in China
The firm is hopeful it will submit an application for a mutual fund JV this year. It has just launched a private equity JV as it seeks to build a track record in the country.
Value Partners is hopeful it can submit an application to establish a joint venture fund management company in China this year amid ongoing talks with potential partners.
“We want to submit our application this year,” says Jimmy Chan, the Hong Kong asset manager’s CEO. “It just depends on whether we can find the right partner.”
He confirms the company is in discussion with several financial institutions, although he acknowledges the application process will be protracted, with a queue…
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