Vision Capital Advisors, the investment manager to Vision Opportunity China Fund, plans to open an office in Beijing in quarter four 2010.
The office will be administered by Antti Uusiheimala, a member of Vision’s investment team who joined the firm when it was founded in 2005. Uusiheimala has over seven years of experience in investment and business development.
Uusiheimala will be joined full-time in Beijing by two new hires, Stuart Bradley and Jie (Jerry) Xu.
Bradley is joining Vision as a director where he will primarily be involved in business development, due diligence and portfolio monitoring. He has over seven years of investment and financial experience in China, including China Jiangsu International Economic Technical Corporation where he was the commercial manager of the Wuxi Branch, and as an investment banker at UBS in Beijing and at HSBC in Hong Kong.
Xu is returning to Vision as a vice president, having previously taken part in an internship programme at Vision while earning his M.B.A. from the University of Indiana. He is joining from Tianjin ZTE Capital Management, a private equity firm in Beijing. He previously worked at GW International Capital and PricewaterhouseCoopers.
Both Bradley and Xu will initially be located in Vision’s offices in New York before relocating to the new office in Beijing.
In addition to the Beijing hires, the New York investment team has hired Ray Wong as an analyst covering Chinese companies with a special emphasis on technology and engineering-related businesses. Wong joins from BlackRock where he specialised in quantitative modelling and portfolio analysis.
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Adam Benowitz, chief investment officer of Vision Capital Advisors, says: “The pending launch of our Beijing office is a testament to our growing profile as an investor in high-growth companies in China and the strong deal flow we are seeing. We are also thrilled to be able to add three new talented team members to Vision. We believe they are terrific additions and will significantly contribute to our continuing efforts to bring value to VOC shareholders.”
