Altive appointed by Morgan Stanley as an underlying investment manager for the fund "Global Pre-IPO Fund, 2022 series"
SYDNEY and HONG KONG, July 19, 2022 /PRNewswire/ -- Altive,Hong Kong's leading alternative investment platform backed by PCG Group and Alibaba Entrepreneurs Fund, has been officially appointed by Morgan Stanley as one of the underlying investment managers for the "Global Pre-IPO Fund, 2022 series" (The Fund).
"We are honoured to be working alongside three renowned fund managers including Regal Funds Management, Lazard Asset Management, and Perennial Partners for Morgan Stanley's 'Global Pre-IPO Fund, 2022 series'", said Hardy Liu, Managing Partner of Altive.
Regarding Altive's outlook for the prospects of private market investments, Mr. Liu stated, "We continue to see the strong growth potential of private companies in South-East Asia and a robust recovery story in China. We are keen to leverage our expertise and network to capture significant upside for our investors by investing into unicorns and other high-growth private companies from our target areas".
"With the public equity market continuing to show signs of volatility, we believe the private market will be of even greater significance to the portfolios of high-net-worth investors in the coming years", added Mr. Liu.
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