Centaur Asset Management sets up shop in HK
Dubai-based Centaur Asset Management (Centaur) has launched a new office in Hong Kong, as part of its expansion into Asia.
The asset management and investment advisory company – a division of Centaur Holdings – has total AUM of over US$500 million, according to a statement from the firm.
Daniel McGowan, chief executive officer at Centaur Holdings, says: “The launch of a new office in Hong Kong marks Centaur Asset Management’s first foray into the Asian market. A number of partnership discussions are already underway and therefore, it makes sense to establish a presence in Hong Kong. This reflects our commitment to growing the global footprint of Centaur and gives us access to such an important investment market.”
The firm says it established a Hong Kong office (which has been operational since February this year) due to the growing demand from both institutions and family offices in the area, and that it will act as the gateway to the Asia-Pacific region, further developing its long-term global growth strategy.
Nick Hocart, director of business development, Hong Kong, is heading up the office and will look to establish and develop Centaur’s footprint in the Asia-Pacific region. According to the statement, he has a financial services career spanning over 15 years and close ties with the Hong Kong business and financial community.