East Capital, a Stockholm-based emerging and frontier markets equity boutique, has made Hong Kong its investment hub for the firm's expanding efforts in Asia, confirmed Karine Hirn, a partner and chairwoman of East Capital's Asia advisory committee.
After three years in Shanghai, Ms. Hirn and Dmitriy Vlasov, a senior adviser with the firm, moved to Hong Kong last month, effectively combining East Capital's investment advisory operations in the region with the client relationship side led by Michael Hanson-Lawson, CEO of East Capital Asia.
Ms. Hirn and Mr. Vlasov joined Adrian Pop, a senior adviser who relocated to Hong Kong earlier this year from Stockholm to oversee the firm's business in Southeast Asia.
East Capital, which focused on Eastern Europe when the firm was launched in 1997, opened its Hong Kong office in 2006. In an interview, Mr. Hanson-Lawson said the firm has roughly US$4.8 billion in assets under management, with more than $200 million of that total coming from Asia-based clients.