Lombard International, a global leader in wealth structuring solutions for high net worth investors, today announced it has received approval for a brokerage license for its Hong Kong subsidiary, Lombard International Brokers Limited. The new office for Lombard International Brokers Limited will be located on the 10th floor of Two International Finance Centre, in the heart of Hong Kong’s vibrant financial district.
Tammy Tsui, CEO of Lombard International Asia, stated: “We are very pleased to establish a Lombard International presence in Hong Kong. We chose Two International Finance Centre for its close proximity to our banking partners, ensuring we are easily accessible to them. This is an exciting step forward in our planned expansion into Asia.”
The Hong Kong subsidiary will serve local market needs and act as a gateway for future expansion opportunities in Asia.
Lombard International currently has regional headquarters in Philadelphia and Luxembourg and is owned by funds managed by Blackstone.
About Lombard International
Lombard International is a leading global life insurance-based wealth solutions provider, combining the strength and expertise of two specialist life insurance companies with over 20 years’ experience and market leadership in their respective fields. Lombard International provides wealth structuring solutions using private placement life insurance and annuity products to high net worth individuals, their families and institutions around the globe.
The global group, branded as Lombard International, launched to market in September 2015. With head offices located in Luxembourg and Philadelphia, a combined global presence enables Lombard International to serve clients’ complex needs on a global basis while being sensitive to local cultures and attitudes. The firm is an industry leader in providing multi-jurisdictional wealth planning solutions through its partner networks across the United States, Europe and Latin America, issuing life insurance policies and annuities from the United States, Luxembourg, Guernsey and Bermuda.
Global assets under administration are in excess of USD 75 billion with a global staff number of over 500, including more than 60 technical experts specializing in 20+ jurisdictions.
Funds managed by Blackstone own Lombard International. Blackstone is one of the world’s leading investment firms with assets under management of over USD 330 billion.