Swiss FoF Adveq Hires Ron Li As China Head

Adveq, a Swiss private equity fund-of-funds manager, says it has hired Ron Li as its head of China operations.

With US$5 billion under management, Adveq has offices in Zurich, Frankfurt, New York, Beijing, Shanghai and Hong Kong.

Ron Li joined Adveq as a managing director in January 2013 and is based in the firm’s Beijing office. In his role as head of China, Ron is responsible to further develop Adveq’s position in China as a world leader in private equity and real assets.

Prior to joining Adveq, Ron worked for Legend Holdings in China where he established Raycom Real Estate Asset Management. Before joining Raycom he worked for Legend’s private equity subsidiary, Hony Capital. Earlier in his career Ron also worked for Whirlpool Corp. both in the United States and in China. He started his career as an entrepreneur.

Ron holds an MBA from the University of Michigan, an MA in Economics from the State University of New York at Stony Brook, and as a Bachelor’s Degree in Finance from Renmin University of China.

"Adveq’s investment activities in Asia date back to 1998 and our presence in Beijing and Shanghai underscores the strategic importance we place on China," says Sven Lidén, CEO of Adveq. "Ron Li combines an extensive track record in local investing with his exposure to international governance standards and an entrepreneurial mindset."

Founded in 1997, Adveq is a fund-of-funds manager focused on private equity and real asset funds globally. Adveq has invested in more than 400 funds on behalf of its clients.

Adveq incorporates environmental, social and governance principles into its investments, both at the fund manager and at the underlying portfolio company level.