HSBC Asset Management (HSBC AM) has launched a new venture capital investment strategy aimed at investing in companies that will participate in the transformation of financial services. 

The strategy will provide clients with exposure to B2B companies which offer either software or financial services to enterprises or institutions. It will typically participate in series A and B funding rounds of companies with business activity in Europe and Asia. The strategy is aimed at institutions seeking to access innovative companies, including institutional asset allocators, family offices, private banks and ultra-high net worth individuals.

The strategy will be run by Remi Bourrette, Head of Venture & Growth Investments and Kara Byun, Director, Venture & Growth Investments, who both have operational financial service experience gained in Europe and Asia and have been investing together for a number of years.

Joanna Munro, CEO, HSBC Alternatives, says: “As part of our commitment to provide clients with exciting investment opportunities, this strategy will give them access to high growth sectors and parts of the world where economies are expanding fast such as the Greater Bay Area in China. The team’s sector experience and investment rigour, coupled with our profile as one of the world’s largest banking and financial services organisations, is a major advantage in the eyes of both investee companies and investors.”
Read more/Source: Private Equity Wire