Stamford Targets $100 Million for Bordeaux Wines, Jade Antiques
Stamford Targets $100 Million for Bordeaux Wines, Jade Antiques
May 17, 2012 6
(Bloomberg) - Stamford Management Group, a Singapore-based family office that oversees about $300 million, is seeking $100 million from investors as it opens up funds that buy French Bordeaux wines and jade antiques.
Stamford, which looks after the wealth of three families including that of Chairman William Chan, plans to raise $50 million for a fund that invests in wines and the same amount for a fund that buys Asian antiques, said Chan. Stamford is in talks with local and foreign private banks to raise money from high- net-worth individuals and other family offices, he sai
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