Hong Kong Lures Investment Firms Ardian, Arga Seeking Expansion
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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.
Paris-based Ardian SAS is opening an outlet to cater to the rising demands from clients including family offices from China, according to people 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 people added.