Fund Management

What's New In Investments, Funds? - HSBC Private Banking, MontLake, Others

Editorial Staff, 1 April 2019

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The latest in funds and investments around the world.

HSBC
HSBC Private Banking announced earlier this week that it has closed the latest in a series of private equity offerings, focused on the Asia buyout market, for high and ultra-high net worth clients.

The bank gave clients access to mid- and large-cap buyouts and corporate partnering transactions, through a feeder vehicle to The Baring Private Equity Fund VII offered by Baring Private Equity Asia. The private bank worked with sister organisation HSBC Global Asset Management (AMG).

HSBC Private Banking received about $300 million of investor commitments from markets including the US, the UK, Luxembourg, Switzerland, Hong Kong and Singapore.

MontLake
ML Capital, a European independent fund structuring and investment firm, has officially rebranded to the moniker of MontLake, along with the new slogan: Fund. Invest. Operate.

The firm said the name change reflects “MontLake’s vision of being the investment fund industry’s most client-centric company; combining world class infrastructure solutions with the world’s leading investment managers”.

MontLake oversees $7.5 billion of asset in European fund structures such as UCITS and Alternative Investment Funds based in Ireland, Luxembourg, France and Malta.

BNP Paribas
BNP Paribas Asset Management, which has recently trumpeted its sustainable investment credentials, has launched a France-registered fund focused on cutting carbon emissions.

The fund is called the THEAM Quant Europe Climate Carbon Offset Plan. It is structured as a pan-European UCITS fund.

The French firm said the offering is designed to capture equities following high environmental, social and governance standards, choosing businesses with a small carbon footprint and a strategy to shift to cleaner energy forms.

The fund is one of a number of BNP Paribas AM initiatives, such as its recently-launched global sustainability strategy. 

THEAM Quant Europe Climate Carbon Offset Plan is a Fonds Commun de Placement, UCITS V compliant, registered under the French law. 
 

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