London, 26/02/2024 – Silk Invest Limited and Kingsway SW Asset Management Limited (Kingsway), a subsidiary of Hong Kong listed Sunwah Kingsway Capital Holdings Limited, are pleased to announce their strategic collaboration to introduce China focused strategies in Europe. The collaboration aims to leverage Kingsway’s well-established track record in managing Hong Kong and China equities and fully benefit from Silk Invests’ market positioning as a specialist investment firm that is focused on emerging themes and markets. The parties will work together to engage with institutional investors that are looking for a differentiated mid-cap Hong Kong/China strategies that will benefit from the current attractive valuation entry point.

Silk Invest was founded in 2008 in London by an experienced team of investment professionals with proven expertise in investing in frontier and emerging markets. The firm expanded beyond its core liquid Frontier Markets and African private equity strategies, and has currently as partners and Appointed Representatives Qbera Capital for trade finance and Kuros Associates for luxury brands-focused investments. The company has a strong focus on impact investing and has been a signatory to the UN Principles of Responsible Investing since 2011.

Sunwah Kingsway is headquartered in Hong Kong with additional offices in China. Founded in 1990 and listed on the Hong Kong Stock Exchange in 2000, the company is a financial services provider which through its subsidiaries provides brokerage and margin lending, corporate finance and asset management services. As the asset management arm of the company, Kingsway manages a Long/Short mid-cap strategy that has significantly outperformed its reference indices.

Zin Bekkali, Founder & CEO of Silk Invest, added “The collaboration with Kingsway will allow Silk Invest to broaden its investment offering and tap into the world’s second-largest economy. The mid-cap focus on under-researched mid-cap firms is very close to Silk Invest’s core investment convictions and we are excited to together bring Kingsway’s product range to Europe.”

Edward Ng, Senior Fund Manager of Kingsway stated “We believe that the current market valuations offer international investors an attractive entry point in Hong Kong/China. Our Long/Short mid-cap focused strategy has delivered significant outperformance during a challenging market environment and is well positioned to benefit from better market sentiment going forward. Silk Invest shares our long-term vision and we are looking forward to work with Silk Invest to bring our products and solutions to European based investors.”

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London, 01/02/2024 – Silk Invest Limited and Kallisto Partners Ltd are delighted to announce the successful completion of the integration process between the two companies. This significant milestone marks the final step of a long-term partnership, resulting in Kallisto Partners acquiring a 24.7% stake in Silk Invest.

The integration of the two firms creates a unique proposition, drawing upon the complementary approaches and backgrounds of the experienced teams at Silk Invest and Kallisto Partners. Following the integration, Silk Invest is focusing on enhancing its current product offering while preparing new strategy launches leveraging the expertise of the expanded team across Frontier and Emerging Markets.

Silk Invest was founded in 2008 by an experienced team of investment professionals with Frontier and Emerging Markets expertise. Its team is built on local market experts, with offices in Africa and Asia in addition to London. The company has a strong focus on impact investing and has been a signatory to the UN Principles of Responsible Investing since 2011. The firm manages public markets equities and fixed income strategies, and an African private equity fund.

Kallisto Partners is an independent boutique with offices in London and Rome. Its innovative approach is based on the quantitative assessment of investment flows in financial markets during their early development stages, when great opportunities emerge for portfolio diversification and performance.

Silk Invest will continue to pursue growth in its current product offering while leveraging the enhanced setup to launch new, innovative, and impactful strategies. The first, new strategy is expected to be a thematic impact strategy to be launched in 2024.

Zin Bekkali, Founder & CEO of Silk Invest, expressed his enthusiasm about the integration process: “The integration process has enabled us to leverage the complementary approaches and backgrounds of both Silk Invest and Kallisto Partners. By harnessing our collective knowledge and skillsets, we have developed a robust and unique framework for navigating global markets, providing our clients with exceptional investment opportunities.”

Andrea Federici, Managing Partner of Kallisto Partners, shared his optimism for the future: “This milestone represents a culmination of our joint efforts and signifies the beginning of an exciting chapter for Silk Invest and Kallisto Partners. We embark on a journey filled with exciting possibilities and are confident that our partnership will continue to thrive, delivering substantial value to our clients and stakeholders.”

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