Gottex Fund Management, a Switzerland-based hedge fund group, is looking for acquisitions in the US and China.
"Within the next six months you will certainly hear something about our Asian expansion," the group’s CEO Joachim Gottschalk told Reuters.
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Gottex’s assets are expected to cross US$8.5 billion after completion of acquisition of EIM Group. However, the Swiss firm is targeting to grow its assets to US$15 billion within next five years.
"If you look at where the flows of institutions in alternatives go, it goes to the 10 billion plus investment managers," Gottschalk was further as quoted as saying by Reuters.
The firm expects to begin marketing investments in Chinese markets by the end of the year.
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