Probitas Partners, a private equity fund placement agent, has opened an office in Hong Kong. It will be led by associate director Edwin Chang.
Probitas Partners, the global alternative investment firm, announced today that it has opened an office in Hong Kong. Edwin Chan, an Associate Director at Probitas Partners, will lead the firm’s efforts in the Asia Pacific region managing key Limited Partner relationships, sourcing new General Partner clients, as well as facilitating secondary sales activities. Mr. Chan was previously an Associate Director for business development at AIG Investments in Hong Kong focusing on private equity, real estate and hedge fund-of-fund investments.
Greg Hausler, a Founding Partner at Probitas Partners, commented, “Since our inception, Probitas Partners’ business strategy has been to identify and represent the highest quality fund sponsors, invest alongside these General Partners, and then raise capital for them from our global institutional capital relationships. We have also been the pioneer and market leader in the secondary advisory area. Asia is a critical component to our future success, and having a local presence represented by Edwin will help Probitas Partners better serve Limited Partners in the region by offering the very best in research, advice, fund offerings and liquidity management.” Mr. Chan added, “With the unprecedented level of dislocation in the market coupled with the acute constraints in credit and exit options, investors are relooking at the world. Savvy and long-term investors will see rewarding opportunities in the next 12 to 18 months. I look forward to growing the Probitas Partners platform throughout Asia and assisting investors in exceeding their performance objectives.”
About Probitas Partners
Probitas Partners, founded in 2001, is an employee-owned, independent provider of global, alternative investment solutions. Probitas Partners is a leading independent knowledge, innovation and solutions provider to private markets clients globally. We focus our expertise in fund placement, liquidity management and portfolio management to constantly build and grow powerful, lasting relationships that deliver value, execution and service to our partners and clients. The firm continues to select and raise capital for some of the highest quality private equity and hard asset funds in the market and is a leading provider of secondary advice and liquidity as evidenced by performing over $35 billion in secondary advisory. For more detail on over-subscribed funds and liquidity options, and to view industry white papers and market information, please visit http://www.probitaspartners.com or call (415) 402-0700. Probitas Partners is headquartered in San Francisco with offices in New York, London and Hong Kong. Probitas Partners is represented in the United Kingdom by PFG-UK Ltd., which is regulated by the Financial Securities Authority.