Atlantic Partners Asia launches securities finance programme
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Atlantic Partners Asia launches securities finance programme 30 September 2020Hong Kong Reporter: Drew Nicol
Image: DmitrySunagatov/Adobe.com
Atlantic Partners Asia (APA), a Hong Kong regulated asset manager for private equity funds, has hired Julian Smith, founder and principal consultant of consultancy firm JVLD, to build its new securities finance operation as head of equity capital markets within its corporate finance division.
The corporate finance division of the firm manages assets on behalf of institutional and sophisticated investors and advises governments and corporates on their infrastructure development and financing needs.
The firm is also active in cross-border foreign exchange in the region, using fintech platforms to increase the efficiency of business-to-business transactions between emerging markets and regional financial hubs.
Smith, who is based in Sydney, says he is focusing his initial efforts on the Australian securities finance market with plans already in place to expand into Hong Kong and then the rest of Asia once COVID-19-related travel restrictions are eased.
As part of the mission, APA has established Atlantic Partners Asia Capital which is the legal entity in charge of its securities finance business.
Smith tells SLT that the programme is already up and running and APA is trading for itself in simple delta-1 transactions.
APA has also approached Gleneagle Íø±¬³Ô¹Ï, an Australian broker, to reach other global markets, particularly those where APA has existing contacts and exposure, such as South East Asia and Hong Kong in particular.
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