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HK lures investment firms Ardian, Arga as they eye expansion
The Straits Times
|March 28, 2025
Two investment firms are setting up offices in Hong Kong to attract money from the region, the latest sign of renewed financial activity in the city following government efforts to defend the financial hub's status.
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HONG KONG -
Paris-based Ardian SAS is opening an outlet to cater to the rising demands from clients including family offices from China, according to sources familiar with the matter who requested not to be named because the information is private. The firm also wants to be closer to sovereign wealth funds and insurers in the region, one of the sources added.
The investment manager, which advises US$177 billion (S$237 billion) of assets, will add Hong Kong as its fifth Asia office after Seoul, Tokyo, Beijing and Singapore. The company has at least 14 staff working in the existing Asia offices, according to its website.
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