East Capital shuts Shanghai office, moves staff to HK

Stockholm-based fund house East Capital will shut its office in Shanghai and relocate its investment advisory staff to Hong Kong. The firm specialises in Eastern Europe and Chinese assets, but is seeking to widen its Asian exposure. Partner and co-founder Karine Hirn and senior adviser Dmitriy Vlascov moved earlier this month from Shanghai to Hong Kong, which was previously solely a sales office. In addition, Adrian Pop, another senior adviser based in Stockholm, recently moved to…