Pacific Alliance is a newly incorporated company established to make investments in individual companies and assets mainly in Greater China and other countries in Asia.
The group has been advised on the floatation by Nick Graham of the London-based law firm Lawrence Graham LLP along with John Reed and Fiona McIlreavy.
Grant Thornton acted as nominated adviser to Pacific Alliance and LCF Edmond de Rothschild Securities Limited was broker.
Faegre & Benson LLP were lawyers to the nominated adviser and broker. Pacific Alliance Group's other recent fundraisings through AIM were Vinaland Limited (raising $200m (£105m) in March 2006) and ARC Capital Holdings Limited (raising $120m (£64m) in June 2006), both of which were advised by Lawrence Graham.
Nick Graham said: “We are delighted to be involved in this significant fund raising on AIM.
“This now brings to approximately $600 million the funds raised by the fund manager, Pacific Alliance Group, over the last 12 months on AIM and demonstrates the increasing attractiveness of the market for overseas fund managers.”
© Crimson Business Ltd 2006
