Li Ka-Shing’s Family Office Joins Singapore Expansion Wave

(Bloomberg) — Hong Kong tycoon Li Ka-shing’s private investment firm Horizons Ventures Ltd. is opening a Singapore office to find new deals and support portfolio companies trying to expand in Asia.

As many as 10 staff will be based in the Southeast Asian city including Jacky Li, a senior investment manager who will focus on deal execution, and Jeffrey Ho, a portfolio curator. It comes a year after the firm flagged plans to ramp up deals in the region and will be Horizons’ first office outside of Hong Kong with a focus on supporting portfolio companies entering the market.