Ex-Adams Street partner joins Noah Holdings as co-CIO

Based in Hong Kong, Wang will lead all of Noah's international investments in conjunction with current CIO William Ma. Wang will also be a partner at Gopher Asset Management, an asset management arm of Noah that involves in private equity.

Wang has 20 years of experience in global private equity. Wang joined Adams Street's London office in 1999 to research the Asian markets and he was instrumental in formulating the firm's private equity fund investment strategy for the region. He left the firm late last year. Prior to Adams Street, he was an investment manager at Nikko Capital Singapore.

Founded in 2005, Shanghai-headquartered Noah is listed on the New York Stock Exchange. The company distributes wealth management products to Chinese high-net-worth individuals, including fixed income products, private equity funds and insurance products. Last year, it distributed over RMB990 billion ($15.8 billion) of wealth management products.

Noah also develops real estate funds, private equity fund-of-funds, hedge funds and fixed income products under Gopher Asset Management. As of the end of last year, Gopher had RMB86.7 billion in assets under management.

The wealth manager has nearly 100,000 Chinese clients and has built a network of 1,098 relationship managers across 135 branches in 67 cities in China. Noah opened its Hong Kong office in 2012, which serves the international needs of clients.

"Noah Hong Kong has seen tremendous growth in recent years as high-net-worth Chinese have sought to diversify their asset allocation. Attracting global talent is an important component of Noah's strategy to strengthen its asset management capabilities," Noah said in a statement.

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