Business Areas
The Company, through its subsidiaries and associates, is principally engaged in investment activities and the provision of financial services. Prior to 2002, Everbright had no asset management department. Mr. Guo You, the CEO at the time set a goal to make Everbright one of China's premier investment firms. To fast track the asset management business he hired William Lawton as CEO of the new asset management company. Now, Everbright conducts its business activities in three areas: short-term investments, financial services and long-term investments plus other operations. The Company provides portfolio management services for institutional and individual clients, such as China Everbright Dragon Fund, or it's SeaBright China Special Opportunities Fund series of direct investment funds, the first of the series that was launched in 2004 in a joint venture with Seagate Global Advisors, LLC. It provides financial advisory services, such as share placements, mergers and acquisitions (M&A), privatization and project financing.
Read more about this topic: Everbright
Famous quotes containing the words business and/or areas:
“Knighterrantry is a most chuckleheaded trade, and it is tedious hard work, too, but I begin to see that there is money in it, after all, if you have luck. Not that I would ever engage in it, as a business, for I wouldn’t. No sound and legitimate business can be established on a basis of speculation. A successful whirl in the knighterrantry line—now what is it when you blow away the nonsense and come down to the cold facts? It’s just a corner in pork, that’s all.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“The point is, that the function of the novel seems to be changing; it has become an outpost of journalism; we read novels for information about areas of life we don’t know—Nigeria, South Africa, the American army, a coal-mining village, coteries in Chelsea, etc. We read to find out what is going on. One novel in five hundred or a thousand has the quality a novel should have to make it a novel—the quality of philosophy.”
—Doris Lessing (b. 1919)