SHANGHAI--(BUSINESS WIRE)--The Hedge Fund Association, an international organization that represents hedge funds, service providers and investors, announced today that their recently formed China Chapter is putting down roots in Shanghai, the world’s largest city by population and the most important commercial and financial center in China. Headed by Yiming Di, principal at China-focused consulting firm Schmittzehe and Partners, the goal of the Shanghai Chapter is to work with the city’s alternative investments firms in support of the HFA China Chapter’s goals of advocating for and educating the public about the Chinese hedge fund industry.
“China’s hedge fund industry is developing quickly and the HFA is honored to be a bridge between China and the US hedge fund community. The HFA’s objective is to encourage education about hedge funds and to contribute to the conversation and development of the hedge fund industry in China,” said Adam Steinberg, the director of the HFA’s China Chapter.
Yiming Di, who was born in China and is fluent in both Chinese Mandarin and English, provides market research and due-diligence to hedge funds, mutual funds and corporate investors who are invested in or are looking to invest in Chinese companies. Prior to his role at Schmittzehe and Partners, he worked at ABN AMRO Singapore, Global Capital Markets.
“As the Chinese financial markets continue to grow in depth and sophistication, hedge funds and other alternatives will become ever more important,” said Yiming Di, the Shanghai Chapter director. “That’s why I’m so pleased to work with the HFA in Shanghai at this important time in the industry’s evolution to help advance transparency and trust in Chinese alternative investments,” he added.
“Yiming’s wealth of knowledge and experience about the Chinese financial services industry is going to be a vital asset to the HFA as we attempt to strengthen our presence in China. He is extremely well suited to represent our organization on the ground in China’s most important financial center,” stated Mitch Ackles, president of the Hedge Fund Association.
The launch of the Shanghai Chapter will be marked with a future event featuring a panel discussion and a cocktail reception to follow.
Additionally, the HFA China chapter will be holding an event on September 1st at the highly-respected Cheung Kong Graduate School of Business (CKGSB) in Beijing that will discuss how foreign hedge funds will possibly be able to raise assets in China and access the Chinese capital markets. For more details on this event or to RSVP, click here.
About The Hedge Fund Association
The Hedge Fund Association (www.thehfa.org) is an international not-for-profit organization made up of hedge funds, funds of funds, family offices, high net worth individuals and service providers. In the U.S., the HFA has chapters in the Northeast, Southeast, Midwest and on the West Coast. Internationally, the HFA has expanded to include chapters in Europe, Asia, Latin America, and the Cayman Islands. HFA works on behalf of the entire hedge fund industry, including over 9,500 hedge funds in the U.S. and abroad which collectively manage more than $2 trillion in assets, as well as sophisticated investors and industry service providers.