Hong Kong family office operators plan US$100 million capital-investment migrants fund

Hong Kong’s cash-for-residency scheme has opened up opportunities for local family office operators, with many joining hands to launch a US$100 million fund to manage investments for the applicants.

Wings Capital, a local family office which has taken the initiative on the fund, said the initial target is to raise US$100 million from applicants of the Capital Investment Entrant Scheme (CIES).

Source: TRADE FINANCE