Beginning in June the Hedge Fund Association opened a branch in Shanghai which will function as its China office. Yiming Di will head the office, whose main function will be to work together with Shanghai’s alternative investment companies to educate the public there about the hedge fund industry in China. Yiming Di is a principal at the consulting firm of Schmittzehe and Partners, a company with a focus on the China market.
The opening of this office, as well as the recently opened Shanghai Fund Association office come on the heels of the Chinese government’s granting permission to foreign hedge funds to apply for licenses so that they may register in Shanghai.
The HFA is a non-profit organization which supports and represents the hedge fund industry. They represent almost 10,000 hedge funds based in the United States and throughout the world.