Barings Launches Onshore Private Fund in China

https://dailyalts.com/wp-content/uploads/2019/11/57e7d4424a52a814ea898579ce203e7c1d22dfe05455794b762d78d5_640.jpg

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.

Related: ExodusPoint Will Reopen and Raise Another $2 Billion

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2023/12/AMD_headquarters_santa_clara.624da707519a6.jpg
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…

https://dailyalts.com/wp-content/uploads/2023/12/RHCEU-Inline.jpg
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…

https://dailyalts.com/wp-content/uploads/2023/12/Samsung_UK_Samsung_Pay_Lifestyle_0552-revised-Pictogram-23.11.30-1024x744-1.png
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…

https://dailyalts.com/wp-content/uploads/2023/12/Revaia-founders.jpg
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…