Indover Merchant Banking is a single integrated business. Indover provides capital to projects and businesses often where Indover itself is a shareholder and investor. Indover Group is not a bank. Unlike a bank, Indover often invests in the common equity of its projects rather than just providing financing solutions.
Indover Private Equity Division manages requests to invest from third parties. Subject to approval from the Indover Investment Committee, Indover creates an investment fund which is marketed to the group of shareholders to attract further investment. Investors’ money is placed into the fund, and the fund invests in private equity projects subject to appropriate fees. The fund management is mostly out-sourced to banks and/or regulated financial institutions.
The secondary market is where investors buy and sell securities they already own. The national exchanges, such as the New York Stock Exchange (NYSE) and the Nasdaq, are secondary markets. Indover has own trading desk in Hong Kong and New York. Indover trade only proprietary for the shareholders of the Group Companies with their own Regulated company in Hong Kong.