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Permal plans Shanghai base amid mainland focus

Launch of China office to follow merger with fellow fund of hedge fund Fauchier, underlining a growing emphasis on the country’s nascent hedge fund market.
Permal plans Shanghai base amid mainland focus

Permal’s merger with fellow UK-based peer Fauchier will create Europe’s largest fund-of-hedge-fund group – one which will have a growing emphasis on China managers, says Permal chief executive Isaac Souede.

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