3i has opened a Hong Kong office.
The new office is a step further in the firm’s regional development strategy, allowing 3i better access to the venture capital markets of North Asia. The new office will focus on specific sectors in North Asia, encompassing both high growth opportunities and buyouts in the field of technology. In the high growth sector, the firm sees most potential in the communications, semiconductor and IT services sectors.
The new office will bridge 3i’s existing technology expertise in Singapore and buyout strengths in Japan. The Hong Kong team will work closely with 3i’s international network to lay further foundations for the firm’s long term growth in the Asia Pacific region.
And still expanding in Europe, next June 3i will open a permanent office in Lisbon, Portugal. The group already has a director in place, Ricardo Cunha Vaz and would ideally like to bring the team up to four.