The unusual move, by a firm regarded primarily as a broking and research house, underscores the fast changing dynamics across the financial services industry.
CLSA plans to create a private equity-type vehicle, largely funded by external investors such as pension funds, which will offer financing to companies in the form of convertible debt. Executives expect the vehicle to attract up to $2bn in funding and to be operational by March.
Jonathan Slone, chief executive of CLSA, told the Financial Times that the firm had identified “a lending vacuum” as many banks, for internal reasons, had recently pulled back on lending to Asian companies.
您已閱讀58%（643字），剩余42%（470字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。