Medici Firma to Form Asset Management Firm in Shanghai With Joint Venture
Medici Firma Aggregation firm, a private institutional investment firm is forming a joint venture asset management firm to provide brokerage, investment, banking and asset management services in China.
- (1888PressRelease) February 11, 2016 - The new venture will rely on a supplement of the Mainland and Hong Kong Closer Economic Partnership Arrangement that says Hong Kong-funded financial institutions may set up fully-licensed joint venture asset management firms in specified areas within mainland China.
The announcement comes as Medici Firma Global is boosting his investments in the financial services industry. It is expected to become a full-licensed securities firm, allowing it to provide securities brokerage, advisory and asset management services in Mainland China, the statement said. Mr. Sodhi - Financial, backed by MFG and other partners, bought control of Medici Firma China in May.
Medici Firma's transparent and flexible investment platform allows co-investors to gain access to opportunities across the private equity spectrum. Medici Firma is an institutional management company that governs itself with onward thinking and a mission to put allied prosperity first.
Medici Firma
Communications /PR
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