Pinnacle, a UK-based boutique search firm specializing in alternative investments, set up its Asian office in Hong Kong earlier this month. Sheridan Mather, founding director of the firm says that after frequent trips to the region over the last two years he decided last year that the time was right for him to set up a presence on the ground in Asia.
When I first started working with clients on projects for Asia the average hedge fund would launch with less than $5 million, he says. The level of investment going into Asian funds has now reached significant proportions, with funds launching at multiples of ten and a hundred million....
