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Hedge Fund Snow Lake Quits Hong Kong After More Than a Decade

Hedge Fund Snow Lake Quits Hong Kong After More Than a Decade

  • Snow Lake won initial Hong Kong regulatory license in 2011
  • Chief Executive Sean Ma has moved to Menlo Park office
Bloomberg By

China-focused hedge-fund firm Snow Lake Capital Ltd. has left Hong Kong after 12 years of operating in the city, people familiar with the matter said.

The company shuttered its office in Hong Kong last month, the people said, requesting not to be named because the matter is private. 

Founder and Chief Executive Officer Sean Ma has relocated to Menlo Park, California for personal reasons. Its chief operating and financial officer is also based in the US city, said one of the people. All members of its Hong Kong-based research team moved to Beijing last month, the person added.



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