Barings Launches Onshore Private Fund in China
The new fund is open to qualified investors in China.
Barings announced the launch of its first onshore Private Fund in China.
The Barings China A-share Private Securities Investment Fund No.1 has registered with the Asset Management Association of China.
“Barings first China Fund is an important milestone in our long-term commitment in China,” said Tom Finke, Chairman and CEO. “The firm draws upon a distinguished history of financing and providing investment solutions across the region and the globe. This fund leverages our knowledge and expertise to serve local investors and provide them with our onshore Chinese investment capabilities.”
Barings Opens Fund in China
Meanwhile, the Fund primarily invests in companies established or operating within China. Nathan Jiang, Investment Manager of China A-Share Equities, manages the fund.
“Today’s fund launch and the recent opening of our new Shanghai office further establishes [the firm’s] presence in China,” said Duncan Robertson, Head of Asia Pacific at Barings. “Expanding our business operations and offerings in this important financial market provides our clients with Barings disciplined investment process, comprehensive risk management and ESG practices across asset classes. We have a talented team with deep in-market expertise and global insights.”
The firm established its Shanghai-based Investment Management Wholly Foreign-Owned Enterprise in August 2018. It also launched its first Qualified Domestic Limited Partnership product in January 2019. Further, it registered as a Private Fund Manager on June 20 this year. Finally, the firm opened its new Shanghai office in October to build its local-to-local business.
The company has been actively participating in cross-border investments in China for more than 10 years.
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