Press Release: Simmons & Simmons LaunchPlus: Hong Kong is now available.

Apologies , we are somewhat late with this development.

Here’s the press release…

The online resource offers a comprehensive support service for emerging managers in Hong Kong to assist the successful launch and operation of a new hedge fund management business.

The resource builds on the award-winning UK version for start-ups in London created by the firm’s leading UK hedge fund practice, and the US to UK version for established US-based investment managers looking to build a presence in the UK.

The product won “Best New Legal Product” in the 2016 Lawyer Business Leadership Awards last year and continues to grow from strength to strength.

As Hong Kong continues to develop as an asset management centre in Asia, hosting a large concentration of international fund managers, Simmons & Simmons LaunchPlus: Hong Kong is an innovative addition to the local startup scene.

Gaven Cheong, partner at Simmons & Simmons, commented: “Our hedge fund practice has designed this resource to help Hong Kong-based prospective managers tackle the considerable number of decision points and workstreams involved in setting up their business from scratch. Simmons & Simmons LaunchPlus: Hong Kong provides an essential resource to help start-up managers get to grips with these challenges in a cost effective way.”

“From working through structuring and domicile considerations through to helping a new manager plan the critical milestones for their launch, Simmons & Simmons LaunchPlus: Hong Kong has the key information anyone setting up a Hong Kong hedge fund business needs, and it is provided by a team that supports clients during the start-up phase and beyond.”

He continued: “2017 will prove to be a challenging environment for start-ups given market volatility, ramping up of military tension in several regions, continued uncertainty over the prospect of the US raising interest rates, as well as the PRC Central Bank’s policy on capital outflow. Fund raising will continue to be tight so it is as always important to get the basics right, and to have information available in an accessible, digestible and cost-effective way that will allow for the right decisions to be made, at the right time.”

The LaunchPlus resource is a tool like no other and yet another first for the firm, securing Simmons & Simmons’ position as the leading onshore hedge fund firm. The firm already boasts the largest hedge fund team in London and provides global support to hedge funds in Hong Kong, Singapore and throughout Europe and the Middle East alongside US support from New York hedge fund specialists Seward & Kissel LLP.

The LaunchPlus resource is hosted on the firm’s online services platform An introductory video is available at LaunchPlus: Hong Kong.