On 17 February 2025, the Hong Kong Securities and Futures Commission (SFC) published a circular authorizing the listing of closed-ended collective investment schemes that invest in private and illiquid assets. In an interview with DealstreetAsia, Jeremy Ong commented that: ““While the SFC has allowed alternative asset funds to list in the past, these funds needed to comply with certain specific investment restrictions unless waived by the SFC on a case-by-case basis.”
He noted that “this new approach, combined with express government and regulatory policy endorsement for broadening private equity fund distribution, will hopefully encourage more managers to list their alternative asset funds in Hong Kong.”
For more information about this new regulatory development, read our
client alert.
Read the full
article here.
