Asset Alliance and Reach Capital Management made separate agreements to market their hedge fund products to institutional investors, both companies announced.
Asset Alliance signed a deal with Sun Hung Kai Fund Management to market its funds of funds in Hong Kong. Pending approval by the Hong Kong Securities and Futures Commission, institutional investors should be able to begin investing in September, according to a news release from Asset Alliance.
Reach signed an agreement with Far Hills Group, a hedge fund marketing specialist, to market its international equities hedge funds and private equity funds to institutional investors in the U.S., according to a news release from Far Hills.