GreySpark Partners, the capital markets consultancy, has opened its new office in Hong Kong to support its clients in Asia Pacific.
GreySparks Hong Kong office will provide onsite and local delivery for client projects that are currently being managed from the U.K. Grey Spark Partners caters for the buy side, including investment managers, asset managers and hedge funds; the sell side, including investment banking, corporate banking, brokers and dealers; as well as solution providers, including exchanges, multilateral trading facilities, electronic communication networks, market data providers and independent software vendors.
The Hong Kong team will be led by Andrew McLauchlan, partner and managing director for Asia Pacific. He will be responsible for overall strategy and operations, focusing on bringing increased value to existing and new clients. Previously, McLauchlan was based in London as a partner at GreySpark, and before that was business development director for NET2S.
You cannot ignore that the centre of gravity of global financial institutions is shifting East, says Frederic Ponzo, managing partner of GreySpark. Out of all the global financial centers to expand to, Hong Kong is the obvious choice. Since GreySpark launched in 2009, we have seen sustained growth and our move to open an office in the region aims to maintain this momentum. We are very much looking forward to supporting our existing clients in the region, as well as providing cutting edge expertise to the growing financial sector.
McLauchlan adds: I am very excited about the prospects of working in a new market with an existing and new client base. We aim to assist clients as their goals and scope change, and welcome the opportunity to provide firms operating in the region with local expertise and support.
The firm plans to open a New York office in 2013.
(CG)