Value Partners targets China private funds market

Hong Kong’s Value Partners is seeking to build out its wholly foreign-owned enterprise (WFOE) in China, in line with other foreign fund managers in the country. The firm established its WFOE – Shanghai Value Partners Management Consulting – in 2011 in Pudong, Shanghai. The unit houses research and investment staff providing independent advisory to domestic investors and private banks, including on qualified domestic institutional investor (QDII) product. “We are launching an ini…