Vale International Group (LON:VIG) made its stock market debut Monday, taking a standard listing on the LSE with a modest first raise.
Chaired by Patrick Tsang, a lawyer and business angel, who has worked in private equity, technology investment and property, Vale’s aim is to become a channel through which European businesses can attract Asian investment and vice versa.
Tsang brings with him a wealth of experience garnered from his work with Global Angels, an Asia-focused start-up incubator, and as the head of the private equity arm of ecommerce firm Quest Strategies.
Through Vale he is interested in acquiring companies in the emerging fin-tech space. He is currently assessing three-to-five serious opportunities, ranging from £5-£20mln in value.
“I look forward to commencing the process of target identification in what is a favourable and exciting environment for building high growth companies,” said Tsang.
“With investor and business confidence seemingly unaffected in light of the Brexit decision, the UK is an extremely attractive destination for corporate activity and remains a leading global finance and technology hub."