Apr 25, 2019 | Articles, Press Releases
Odyssey Launches Asia Focused Third Party Fund Distributor – CapConnectAsia
CapConnectAsia will seek to connect best-in-class global fund management groups with the increasingly vital pool of Asian capital. The business has been launched to capitalise on the trend that has seen the Asian region capture approximately 45% of global asset management inflows over the past 5 years. It will be led by Barry McAlinden and Dan Vovil and is set to have a presence in Hong Kong, Singapore and Australia. It is set to launch with a number of exciting mandates in the private credit and Asian listed equity space in April.
A division of Odyssey Asset Management Ltd, which is an SFC Type 1, 4 & 9 licensed company, CapConnectAsia’s principals see the division as the natural evolution of prior success Odyssey has had in equity and fund distribution in Asia, including the US$400m target Odyssey Japan Boutique Hospitality Fund, a private equity real estate fund which recently announced its first close. Leveraging their relationships in Asia, the division starts out with an impressive network of and reputation among institutional investors which provides invaluable insight into Asian investor demand for CapConnectAsia’s clients.
CapConnectAsia’s goal is to be the most respected third-party fund distributor in Asia. It will focus on the distribution of differentiated, specialised and alternative strategies across various asset classes, including high alpha listed equity funds. It will also stick to its roots in private equity real estate distribution. The team will seek to partner with best-in-class fund managers with excellent track records and following a rigorous investment process.
CapConnectAsia is founded on the premise that investors in the region are missing out on some of the most innovative and attractive global investment products as existing distribution channels are dominated by the large incumbent players. While the region has become an indispensable source of capital for investment groups, many boutique managers with strong long-term track records have nonetheless found it difficult to access Asia Pacific investors. The business sees itself as the solution to this problem. Vovil commented: “CapConnectAsia offers investment managers unrivalled access to the fragmented Asian marketplace through our pan-regional presence”.
Through establishing long-term relationships with managers, professional execution of marketing campaigns and delivery of AUM growth, CapConnectaAsia aims to become the go-to capital raising choice for the right managers and strategies seeking to access Asia Pacific capital. Their first priority is to be trusted advisors to investors, so the team will partner with managers on a highly selective basis and follow a strict due diligence and risk assessment process before representing a fund or strategy.
McAlinden and Vovil are confident they bring the right mix of experience, energy, integrity and reputation among industry players in the region to become a leader in the fund marketing space. McAlinden commented: “we will strive to be the best truly independent third-party fund distributor in Asia, offering investors, after rigorous risk screening, the most attractive investment offerings globally.” Plans are in place to build out the team further in the very near future. More details on CapConnectAsia’s inaugural fund offerings are expected to be announced imminently.
If you would like further information please contact us on the details below:
Daniel Vovil, President, CapConnectAsia
daniel.vovil@capconnectasia.com | (852) 9725-5477
Barry McAlinden, Managing Director, CapConnectAsia
barry.mcalinden@capconnectasia.com | (852) 9437-4927
CapConnectAsia is a division of Odyssey Asset Management, a Hong Kong SFC 1, 4 & 9 licensed company.
Apr 23, 2019 | Press Releases
[Japanese and International tourists enjoy the Cherry blossoms in Kyoto]
From asia.nikkei.com:
“….In 2018, foreign visitor arrivals jumped 8.7% to 31.19 million from a year earlier. And as Japan sprints toward two major sporting events — the Rugby World Cup from September to November and the Tokyo Summer Olympics next year — the numbers are expected to keep rising. Goals set by Prime Minister Shinzo Abe in 2016 peg foreign tourist arrivals at 40 million in 2020, and 60 million in 2030.
Abe is also working to stimulate domestic tourism, announcing that this year’s annual Golden Week holiday will run from April 27 to May 6. The usual weeklong vacation has been extended to 10 days to celebrate the coronation on May 1 of Crown Prince Naruhito as emperor. Data from JTB, Japan’s leading travel agency, shows the number of residents who are planning to travel domestically during the period is up 1.1% on the year; those with plans to travel abroad are higher by 6.9%.
The surge in foreign visitors to Japan reflects a gradual easing of travel visa requirements since 2013 for countries including Thailand, the Philippines and China; growth in the number of budget airlines in Asia; and a depreciation in the yen, all of which have made Japan one of the most popular destinations in the region….”
See the entire article here.
Odyssey Asset Management Limited
Odyssey Asset Management Ltd, a sister company to the Odyssey Capital Group, is a Hong Kong SFC 1, 4 & 9 licensed company. The Japanese CRE team is headed up by Christopher A. Aiello, and also includes Alex Walker, Daniel Vovil and Sam Luck.
Odyssey Capital Group Ltd is Asia’s leading international Alternative Asset Manager that provides differentiated and bespoke investment solutions across multiple asset classes, including asset management, real estate, private equity and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest in with its clients.
The Odyssey team comprises over 30 experienced executives, asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors with over 400 years of combined financial and operational experience across the Asia Pacific, Europe and North America.
For more information about the Odyssey Japan Boutique Hospitality Fund, phone or email Daniel Vovil via the contact details listed below.
Daniel Vovil, Co-Founder and President, Odyssey Capital Group
daniel.vovil@odysseycapital-group.com | (852) 9725-5477
Mar 27, 2019 | Press Releases
[Tourists in the overcrowded tourist destination Sensoji, Tokyo]
From Scmp.com:
“A boom in the tourism sector has seen significant growth in both the macroeconomy and Japan’s hospitality sector,” said Christopher Aiello, manager of Hong Kong-based Odyssey Capital Group’s Odyssey Japan Boutique Hospitality Fund. “And since Prime Minister Shinzo Abe’s appointment in 2012, tourist arrivals have risen fourfold. The demand for accommodation has never been higher.”
Odyssey Capital is renovating traditional town and guest houses, and is repurposing them as luxury boutique hotels.
See the entire article here.
Odyssey Asset Management Limited
Odyssey Asset Management Ltd, a sister company to the Odyssey Capital Group, is a Hong Kong SFC 1, 4 & 9 licensed company. The Japanese CRE team is headed up by Christopher A. Aiello, and also includes Alex Walker, Daniel Vovil and Sam Luck.
Odyssey Capital Group Ltd is Asia’s leading international Alternative Asset Manager that provides differentiated and bespoke investment solutions across multiple asset classes, including asset management, real estate, private equity and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest in with its clients.
The Odyssey team comprises over 30 experienced executives, asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors with over 400 years of combined financial and operational experience across the Asia Pacific, Europe and North America.
For more information about the Odyssey Japan Boutique Hospitality Fund, phone or email Daniel Vovil via the contact details listed below.
Daniel Vovil, Co-Founder and President, Odyssey Capital Group
daniel.vovil@odysseycapital-group.com | (852) 9725-5477
Mar 6, 2019 | Press Releases
[Bank of Japan Governor Haruhiko Kuroda, left, meets with Japan’s Prime Minister Shinzo Abe]
Abe to leave monetary policy up to BOJ chief Kuroda
From JapanToday.com:
Japanese Prime Minister Shinzo Abe said on Monday that he trusted Bank of Japan Governor Haruhiko Kuroda’s ability to guide monetary policy and that he would leave specific steps up to him…..
….Kuroda also reiterated that the BOJ will “patiently” maintain its massive stimulus program to ensure inflation accelerates toward its 2 percent target.
“The economy is sustaining momentum for achieving the BOJ’s price target,” he said.
See the entire article here.
Odyssey Asset Management Limited
Odyssey Asset Management Ltd, a sister company to the Odyssey Capital Group, is a Hong Kong SFC 1, 4 & 9 licensed company. The Japanese CRE team is headed up by Christopher A. Aiello, and also includes Alex Walker, Daniel Vovil and Sam Luck.
Odyssey Capital Group Ltd is Asia’s leading international Alternative Asset Manager that provides differentiated and bespoke investment solutions across multiple asset classes, including asset management, real estate, private equity and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest in with its clients.
The Odyssey team comprises over 30 experienced executives, asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors with over 400 years of combined financial and operational experience across the Asia Pacific, Europe and North America.
For more information about the Odyssey Japan Boutique Hospitality Fund, phone or email Daniel Vovil via the contact details listed below.
Daniel Vovil, Co-Founder and President, Odyssey Capital Group
daniel.vovil@odysseycapital-group.com | (852) 9725-5477
Feb 21, 2019 | Press Releases
Record tourism flows in January during Japan’s coldest and quietest month of the year.
From JapanToday.com:
The estimated number of foreign visitors to Japan in January increased 7.5 percent from a year earlier to 2,689,400, an all-time high for the month, supported by the relaxation of visa rules for Chinese tourists, official data showed Wednesday….
….On the trend of visitors traveling around the time of the Lunar New Year holiday season celebrated by some Asian countries in February, Tabata said, “It is relatively good and I think the figure rose about 20 percent from last year.”
See the entire article here.
Odyssey Asset Management Limited
Odyssey Asset Management Ltd, a sister company to the Odyssey Capital Group, is a Hong Kong SFC 1, 4 & 9 licensed company. The Japanese CRE team is headed up by Christopher A. Aiello, and also includes Alex Walker, Daniel Vovil and Sam Luck.
Odyssey Capital Group Ltd is Asia’s leading international Alternative Asset Manager that provides differentiated and bespoke investment solutions across multiple asset classes, including asset management, real estate, private equity and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest in with its clients.
The Odyssey team comprises over 30 experienced executives, asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors with over 400 years of combined financial and operational experience across the Asia Pacific, Europe and North America.
For more information about the Odyssey Japan Boutique Hospitality Fund, phone or email Daniel Vovil via the contact details listed below.
Daniel Vovil, Co-Founder and President, Odyssey Capital Group
daniel.vovil@odysseycapital-group.com | (852) 9725-5477
