The office will support the firm’s client base of institutional asset managers, hedge funds, banks, and private markets firms in the APAC region, Arcesium said in a statement yesterday.

“Our on-the-ground presence in Hong Kong will help us serve our growing client base in the region,” Chris Barrow, head of business development for Europe, Middle East and Africa, and APAC, said. “What’s more, The Hong Kong Monetary Authority’s commitment to deepening cross-border access makes Hong Kong a key regional lever for every prominent multi-strategy hedge fund and global asset manager, so we’re pleased to be well positioned to help the industry unlock new opportunities on a global scale,”

Arcesium was launched in 2015 from its headquarters in New York and technology and operations hub in Hyderabad, India, and then expanded into London in 2020 and Lisbon in 2024. It now services more than $5.3 trillion in gross AuM and more than $1.2 trillion in sell-side capital balances. The firm’s CEO is Gaurav Suri.

Arcesium was built from a platform developed and tested by investment and technology development firm, the D E Shaw group, and launched as a joint venture with Blackstone Multi-Asset Investing. JP Morgan, another large client, later made a strategic investment in the company.