Exclusive | ‘Wealth for Green’: Australian family office Twynam Group to raise US$50 million for Hong Kong, Greater Bay Area decarbonisation fund
- Twynam Group views Hong Kong as a financial powerhouse with a lot of family-office investors, its CEO says
- Twynam will raise funds in Hong Kong as it eyes Greater Bay Area start-ups as investment targets
The asset-management arm of Twynam Group, owned by one of the richest families in Australia, is raising capital from outside investors and looking for targets in Hong Kong for a new fund focused on companies with technology to cut carbon emissions.
“We have raised money in Australia and the US, but we are also looking at Hong Kong as it is a financial powerhouse with a lot of family offices, which are our natural investors,” Johnny Kahlbetzer, CEO of Twynam Group and chairman of Twynam Funds Management, said in an exclusive interview with the Post during a recent visit to Hong Kong.
“We have had interest from Hong Kong families who are concerned for the environment.”
Kahlbetzer and Twynam’s investment director, Jonathan Green, came just before the holidays to meet with Hong Kong family offices and other professional investors to promote Twynam’s Earth Fund, an early-stage venture capital fund.
