China’s Elevation Capital embarks on buildout
The Shanghai-headquartered hedge fund start-up has appointed a COO in Hong Kong as part of hiring plans, is seeking a licence in the city and will step up its marketing efforts this year.
Elevation Capital, a Greater China long/short equity hedge fund manager, is building out its team in Hong Kong and its Shanghai headquarters and seeking an asset management licence in the former city.
Hedge fund veteran Yvonne Wong started in Hong Kong as chief operating officer on Monday (February 15), as Elevation looks to add investment, trading and operational talent and plans to step up its marketing effort. It already has several analysts in Shanghai.
“The plan is to grow…
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