Trending...
- Crossroads4Hope Welcomes New Trustees to Board of Directors as Organization Enters 25th Year of Caring
- Impact Futures Group expands through acquisition of specialist healthcare sector training provider Caring for Care
- $80 Million Revenue Backlog for AI Cybersecurity Company Building the Future of Integrated Cybersecurity and Public Safety: $CYCU
Gray Financial Capital, a leading offshore clearing firm based in Hong Kong, announces the successful acquisition of Tokyo-based Sapporo Capital. This monumental merger is set to significantly reshape the landscape of offshore investment advisory services in the Asia-Pacific region.
CENTRAL DISTRICT, Hong Kong - ncarol.com -- Strategic Alignment for Growth
Gray Financial Capital has long been a dominant player in offshore clearing for smaller brokerages and financial advisors across the Asia-Pacific region. With over $5 billion under management, the firm's acquisition of Sapporo Capital—a boutique investment firm specializing in offshore investment advisory services for high-net-worth clients in Asia with $1 billion under management—marks a significant milestone.
Leadership and Governance
Steven Tsang will continue to helm the integrated entity as its CEO. "We are thrilled to combine forces with Sapporo Capital," said Steven Tsang. "This merger allows us to expand our client base and focus on high-growth strategies, aiming for a 200% year-over-year growth in client accounts for the next three years."
Regulatory Approval and Transition
More on ncarol.com
While some regulatory challenges are expected within the Hong Kong regulatory system, both firms are confident that the approval will be obtained swiftly. The target date for complete integration of services, technologies, and staffing is set for October 31, 2023.
Staffing and Company Culture
The merger will result in a reduction of 75% of Sapporo Capital's current staff as part of the integration process. Gray Financial Capital is committed to a smooth transition and will provide support for affected employees.
Client Relations and Contractual Obligations
All existing contracts and transactions under Sapporo Capital will be settled or transitioned to Gray Financial Capital accounts. Clients will be informed of these changes and how it will affect their portfolios.
About Gray Financial Capital
Gray Financial Capital is a Hong Kong-based offshore clearing firm with over $5 billion under management, primarily serving smaller brokerages and financial advisors in the Asia-Pacific region.
For More Information click here or Contact:
Media Relations
Gray Financial Capital
Email: media.relations@grayfinancialcapital.com
Phone: +852 800906376
Gray Financial Capital has long been a dominant player in offshore clearing for smaller brokerages and financial advisors across the Asia-Pacific region. With over $5 billion under management, the firm's acquisition of Sapporo Capital—a boutique investment firm specializing in offshore investment advisory services for high-net-worth clients in Asia with $1 billion under management—marks a significant milestone.
Leadership and Governance
Steven Tsang will continue to helm the integrated entity as its CEO. "We are thrilled to combine forces with Sapporo Capital," said Steven Tsang. "This merger allows us to expand our client base and focus on high-growth strategies, aiming for a 200% year-over-year growth in client accounts for the next three years."
Regulatory Approval and Transition
More on ncarol.com
- AOAC & Minor Use Foundation Collaborate to Strengthen Global Pesticide Analysis & Capacity Building
- One-Click Pro Audio for Streamers: "VoiceSterize" Automates Noise Reduction & Mastering on Mac
- Sole Publishing Announces Essential Parenting Book for Families Navigating the Teen Years
- From Factory Floor to Community Heart: The Rebel Spirit of Wisconsin's Wet Wipe Innovators
- UK Financial Ltd Lists MayaFund (MFUND) ERC-20 Token on CATEX Exchange Ahead of Planned ERC-3643 Upgrade
While some regulatory challenges are expected within the Hong Kong regulatory system, both firms are confident that the approval will be obtained swiftly. The target date for complete integration of services, technologies, and staffing is set for October 31, 2023.
Staffing and Company Culture
The merger will result in a reduction of 75% of Sapporo Capital's current staff as part of the integration process. Gray Financial Capital is committed to a smooth transition and will provide support for affected employees.
Client Relations and Contractual Obligations
All existing contracts and transactions under Sapporo Capital will be settled or transitioned to Gray Financial Capital accounts. Clients will be informed of these changes and how it will affect their portfolios.
About Gray Financial Capital
Gray Financial Capital is a Hong Kong-based offshore clearing firm with over $5 billion under management, primarily serving smaller brokerages and financial advisors in the Asia-Pacific region.
For More Information click here or Contact:
Media Relations
Gray Financial Capital
Email: media.relations@grayfinancialcapital.com
Phone: +852 800906376
Source: Gray Financial Capital
0 Comments
Latest on ncarol.com
- Buildout Launches Native Email Marketing Feature, Expanding Its End-to-End CRE Platform
- North Carolina Constitutional Economist, Laurie Thomas Vass, Improves Global Ranking on Social Science Research Network (SSRN)
- New Saxophone Prize Honors Astronaut Ronald E. McNair, First To Play Sax In Space
- Building a $145M AI-Powered Marine Platform as Listings Surge, Global Expansion Begins, OTH Shares Trade at a Discount: Off The Hook YS (N Y S E: OTH)
- American Disabilities Act Must Protect Against Forced Psychiatric Commitment and Treatment
- 2025 Top Lawyers - ELA Awards by Expert Law Attorneys
- Top Law Firms In 2025 - Expert Law Attorneys
- Best Personal Injury Attorneys Of 2025 - ELA Awards
- Best Personal Injury Law Firms 2025 - ELA Awards
- Baruch Arcade Launches AI-Powered Gaming Platform on Solana, do I smell an airdrop?
- Expert Law Attorneys 2025 Best Attorneys
- Best Family Law Attorneys Of 2025 - ELA Awards
- Best Criminal Defense Attorneys Of 2025 - ELA Awards
- Tatt:Magic Introduces First-Ever Antimicrobial Cleansing Spray for New Tattoo Aftercare
- Americans Need $1.26 Million to Retire But Have Just $38K Saved — So They're Building Income Instead
- Does EMDR Really Work? New Article Explores How Trauma Gets Stuck in the Brain and How Healing Begins
- New Medium Article Explores Why Emotional Conversations Fail and What Most People Don't Understand About Connection
- Play-Based STEM Pilot in Daycares Achieve 100% Student Fun and Major Gains in Confidence & Curiosity
- Cherokee Historical Association Moves to Co-Directorship, Names New Executive Leaders
- $80 Million Revenue Backlog for AI Cybersecurity Company Building the Future of Integrated Cybersecurity and Public Safety: $CYCU
