Shanghai makes new QDLP approvals
Five foreign fund managers have been given $100 million quotas under Shanghai's alternatives investment scheme. The new QDLP batch is more diverse and includes real estate managers and funds of hedge funds.
A new batch of foreign fund managers have been given quotas under Shanghai’s qualified domestic limited partner (QDLP) scheme.
The five managers were approved for the alternatives investment scheme by the Shanghai Financial Services Office (FSO), and have been given double the quota which was handed to the first batch of QDLP firms two years ago.
The new awards have been applauded for diversifying outside of hedge funds, by including real estate managers and funds of hedge funds…
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