Trending...
- Muench Workshops Welcomes New Partners Luke Dray and Sara Linssen, Announces Retirement of Andy Williams
- Genuine Hospitality, LLC Expands Leadership Team with Key Appointments
- Best Plant Varieties for Windbreaks and Shelterbelts
Gray Financial Capital, a leading offshore clearing firm based in Hong Kong, announces the successful acquisition of Tokyo-based Sapporo Capital. This monumental merger is set to significantly reshape the landscape of offshore investment advisory services in the Asia-Pacific region.
CENTRAL DISTRICT, Hong Kong - eMusicWire -- Strategic Alignment for Growth
Gray Financial Capital has long been a dominant player in offshore clearing for smaller brokerages and financial advisors across the Asia-Pacific region. With over $5 billion under management, the firm's acquisition of Sapporo Capital—a boutique investment firm specializing in offshore investment advisory services for high-net-worth clients in Asia with $1 billion under management—marks a significant milestone.
Leadership and Governance
Steven Tsang will continue to helm the integrated entity as its CEO. "We are thrilled to combine forces with Sapporo Capital," said Steven Tsang. "This merger allows us to expand our client base and focus on high-growth strategies, aiming for a 200% year-over-year growth in client accounts for the next three years."
More on eMusic Wire
Regulatory Approval and Transition
While some regulatory challenges are expected within the Hong Kong regulatory system, both firms are confident that the approval will be obtained swiftly. The target date for complete integration of services, technologies, and staffing is set for October 31, 2023.
Staffing and Company Culture
The merger will result in a reduction of 75% of Sapporo Capital's current staff as part of the integration process. Gray Financial Capital is committed to a smooth transition and will provide support for affected employees.
Client Relations and Contractual Obligations
All existing contracts and transactions under Sapporo Capital will be settled or transitioned to Gray Financial Capital accounts. Clients will be informed of these changes and how it will affect their portfolios.
About Gray Financial Capital
Gray Financial Capital is a Hong Kong-based offshore clearing firm with over $5 billion under management, primarily serving smaller brokerages and financial advisors in the Asia-Pacific region.
More on eMusic Wire
For More Information click here or Contact:
Media Relations
Gray Financial Capital
Email: media.relations@grayfinancialcapital.com
Phone: +852 800906376
Gray Financial Capital has long been a dominant player in offshore clearing for smaller brokerages and financial advisors across the Asia-Pacific region. With over $5 billion under management, the firm's acquisition of Sapporo Capital—a boutique investment firm specializing in offshore investment advisory services for high-net-worth clients in Asia with $1 billion under management—marks a significant milestone.
Leadership and Governance
Steven Tsang will continue to helm the integrated entity as its CEO. "We are thrilled to combine forces with Sapporo Capital," said Steven Tsang. "This merger allows us to expand our client base and focus on high-growth strategies, aiming for a 200% year-over-year growth in client accounts for the next three years."
More on eMusic Wire
- NEW Podcast featuring Rick DellaRatta receives letter of praise from United Nations UNHRC
- "Global Accreditation Failures: How the Wuhan Lab Certification Exposed Systemic Weaknesses and Paved the Way for COVID-19"
- A new single by Princess of AEE, Shardella Sessions
- Johnny Mercer Musical Premiering At Don't Tell Mama
- Butterbrain To Release Video For The Song "Hold Tight"
Regulatory Approval and Transition
While some regulatory challenges are expected within the Hong Kong regulatory system, both firms are confident that the approval will be obtained swiftly. The target date for complete integration of services, technologies, and staffing is set for October 31, 2023.
Staffing and Company Culture
The merger will result in a reduction of 75% of Sapporo Capital's current staff as part of the integration process. Gray Financial Capital is committed to a smooth transition and will provide support for affected employees.
Client Relations and Contractual Obligations
All existing contracts and transactions under Sapporo Capital will be settled or transitioned to Gray Financial Capital accounts. Clients will be informed of these changes and how it will affect their portfolios.
About Gray Financial Capital
Gray Financial Capital is a Hong Kong-based offshore clearing firm with over $5 billion under management, primarily serving smaller brokerages and financial advisors in the Asia-Pacific region.
More on eMusic Wire
- Get to know Dr. Raphael E. Cuomo, PhD, Professor and Scientist at the University of California, San Diego
- Ohio Medicare (Plan Brian C. Moore), has once again been distinguished as Ohio's Top-Ranked and Number-One-Rated "Best Choice" Medicare Expert!
- Wy Mac releases powerful new single, "RICH," inspired by the devastation of California fires
- Manchester Insurance Announces Best Rates in Florida for Home Insurance
- New Middle East Partnership for up to $40 Million Supporting Entry Into Emerging Global MOBA Digital Game Arena: NIP Group (Stock Symbol: NIPG)
For More Information click here or Contact:
Media Relations
Gray Financial Capital
Email: media.relations@grayfinancialcapital.com
Phone: +852 800906376
Source: Gray Financial Capital
0 Comments
Latest on eMusic Wire
- IntellaTriage Launches New Patient Engagement Service
- Cascadia Global Security Launches Cascadia Off-Duty
- Anti-Racism Song from Neal Fox Drops in Time for Martin Luther King Day
- Genpak Expands Foodservice Packaging to Include Durable, Polypropylene Bowls
- BMF Star Michole Briana White Returns to Atlanta with Soulful Performance at City Winery Atlanta
- DayPass Expands to 50 New Destinations in 2024, Bringing Luxury Day Experiences to Travelers and Locals
- Dr. Lauren Anderson Led a Successful CE Event: Digital Planning and Execution
- "One World in a New World" Amplifies Voices of Transformation, Resilience, and Global Connection
- WalkerHughes Insurance Expands Footprint With Acquisition of Independent Brokers Agency LLC
- Hawk Tuah VIP Shop launches Exclusive Merchandise line for Viral Meme Fans
- Orcas Island Property Owner Returns Two Prime Waterfront Properties to the Market
- Muench Workshops Welcomes New Partners Luke Dray and Sara Linssen, Announces Retirement of Andy Williams
- NuNorm Announces Stop Soldier Suicide as This Year's EQUAL Grant Recipient
- What The Worlds Need Now, The Burt Bacharach Songbook in Concert in Akron OH With Todd Rundgren
- Soprano Elona Krasavtseva Hosts Sarah Brightman Tribute Show
- Darrin Jones: The Creative Force Behind the Trends—Raising Questions About Influence in The Weeknd's Music
- Foresight Practitioner Conference 2025 – Dates, Venue, Speakers, And Competition Finalists Announced
- 20,000 Discos EP From Capehart Pops Orchestra Released on Leading Digital Streaming Platforms
- Recording Artist Adelaide to Tour with the Gipsy Kings!
- Latest Updates to Pennsylvania Medical Malpractice and Birth Injury Law