Avantua Group
Hong Kong family office founded in 2019 by New World Development's Adrian Cheng; invests in private markets and, from 2022, a China long-short strategy.
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Family & background
- FAMILY
- Cheng
- WEALTH ORIGIN
- Real estate (New World Development)
- HEADQUARTERS
- Hong Kong, Hong Kong
- FOUNDED
- 2019
Investment approach
- GEOGRAPHY
- ChinaAsia-Pacific
- ROUTES
- Companies (own capital)
- STRATEGIES
- Private equityPublic equitiesHedge funds
Overview
Avantua Group Limited (formerly Avantua Investments Limited) is a Cayman Islands company registered in April 2019 with its headquarters address in Quarry Bay, Hong Kong (GLEIF). finews.asia (July 2022, citing SCMP) described it as the family office founded in 2019 by Adrian Cheng of New World Development, the Cheng family's developer, reported that it managed about US$2 billion with an equity focus on private markets, and said it planned a US$50 million long-short hedge fund focused on China, funding about one-fifth itself. Its managing director said the aim was to build a track record as an investment firm in China and Asia beyond managing family money.
People
Frequently asked questions
Avantua Group is a single family office based in Hong Kong, Hong Kong, founded in 2019.
Avantua Group invests on behalf of the Cheng family (Real estate (New World Development)).
Avantua Group invests its own capital into companies. Its stated asset mix includes private equity, public equities and hedge funds.
Key people at Avantua Group include Adrian Cheng (Chairman and founder), Xu Hao (Managing Director) and Edward Liu Chang (Chief Investment Officer).