HAGIM Plans Collaboration with China Merchants Capital on Infrastructure Investments
Following numerous discussions and intensive negotiations over the past few months, H&A Global Investment Management (HAGIM) and China Merchants Capital (CMC) agreed on January 19, 2024, to enter into a close collaboration on equity investments in the infrastructure sector. Fosun Asset Management (FAM), the Fosun Group’s local asset management boutique in China, serves as the key link between the two parties.
The China Merchants Group is currently one of China’s largest financial groups and has a history spanning more than 150 years. China Merchants Capital (CMC), headquartered in Shenzhen, is a key player in the development and financing of infrastructure investments in the Asia-Pacific region and is also involved in infrastructure projects worldwide. HAGIM contributes its in-depth expertise and network in institutional asset management in German-speaking countries.
On January 19, 2024, Guo Jian, Chairman of the Board of China Merchants Capital (CMC), welcomed Thomas Herbert, CEO of HAGIM, as well as representatives from Fosun Asset Management (FAM).
During the meeting, the parties agreed to collaborate closely. To this end, a joint infrastructure fund for European investors is to be launched before the end of 2024. In addition to a regional focus on the Asia-Pacific region, the need for a sustainable strategic orientation was also discussed.
China Merchants Capital has extensive resources for accessing global infrastructure projects and international investors. By leveraging the respective strengths of both companies, European investors will soon be offered very attractive opportunities, according to Guo Jian.
“Thanks to our extensive expertise in the regulatory framework governing European insurance companies and pension funds, we can ensure that this offering is optimally tailored to our clients’ needs,” emphasized Thomas Herbert. “The partnership with CMC and FAM is another important building block in the expansion of our private markets services.”
Further Information & Contacts
China Merchants Capital (CMC) was founded in 2012 and is an alternative investment and asset management platform jointly owned by China Merchants Group and GLP. As of the end of 2023, China Merchants Capital managed more than 70 RMB-denominated and foreign-currency funds with assets under management totaling over 40 billion euros.
In recent years, China Merchants Capital has expanded its investment capabilities with a record number of IPO projects, continuously increased exit proceeds from its investment projects, and broadened the influence of its corporate brand, which is widely recognized in the industry.
China Merchants Capital has consistently been recognized on the “Hurun Global Unicorn List” for the scale of its corporate investments. For three consecutive years, the company has ranked among the top three Chinese-funded private equity firms on the “PEI 300” list, both domestically and internationally.
About Fosun Asset Management (FAM)
Fosun Asset Management (FAM) was founded in 2013 and is a wholly owned subsidiary of Fosun International Limited. Fosun Asset Management has been licensed by the Securities and Futures Commission of Hong Kong since March 3, 2016.
Fosun Asset Management has also been registered with the U.S. Securities and Exchange Commission since March 2, 2018. More than 30 specialists directly cover the fixed-income, equities, and alternatives sectors in the Asian-Chinese market.
About H&A Global Investment Management (HAGIM)
HAGIM is a subsidiary of the Frankfurter Leben Group. The company currently has over 12 billion euros in assets under management.
HAGIM focuses on the needs of institutional investors—particularly insurance companies and pension funds. In addition to its focus on “Liquid Credit Investments,” the company manages and oversees more than 3.9 billion euros in alternative investments.
These include both its own corporate and real estate debt funds as well as a large number of external alternative investment funds on behalf of the Frankfurter Leben Group.
HAGIM employs a total of just under 40 people at its locations in Frankfurt and Munich.
For Further Information:
Kan Feng
+49 (0)69 8700847 587
kan.feng@ha-gim.com
For Press Inquiries:
Thomas Herbert
H&A Global Investment Management GmbH
Telefon 069/8700847-0
thomas.herbert@ha-gim.com
www.ha-gim.com