San Francisco-based Gerken Capital Associates, an alternative asset manager with over $1.5 billion under management, will soon launch the GCA Greater China Fund. The investment advisors for the new fund are Hong Kong-based PCIIM, the asset management arm of Pacific Century Insurance Group, and Taiwanese financial services firm, Polaris Group.
While PCIIM and Polaris will co-advise the fund, Gerken will be responsible for overall asset allocation, investment strategy, marketing and client servicing.
The fund is expected to launch in mid August with $10 million under management raised from the manager and co-advisors as well as anchor investors from Europe. Hugh McClung, Hong Kong-based managing director...