Firm Also to Double Matching Gift Program to $20,000 per Employee
Hong Kong, -- (SBWIRE) -- 01/22/2014 -- Focus Capital Partners today announced the establishment of Focus Capital Partners Help Foundation, a donor advised fund. Through Focus Capital Partners Aid, the firm's partners have agreed to commit a part of their overall compensation to charitable organizations.
Individual accounts will be established within Focus Capital Partners Aid for participating partners, who will recommend charitable organizations around the world as recipients, thereby diversifying the firm's overall philanthropy. In addition, the firm will be making a separate contribution to Focus Capital Partners Aid; this will not be in lieu of its existing charitable giving, and is not intended to be a substitute for other giving by our partners.
Over time, the firm plans to invite other members of the Focus Capital Partners community, including alumni, to contribute to Focus Capital Partners Aid. We expect that Focus Capital Partners Aid will grow to more than $30 million over the next few years and will become a significant source of dedicated charitable funds. The firm will pay the costs associated with running Focus Capital Partners Aid.
This initiative builds on the firm's long tradition of philanthropy and will harness the collective generosity of our people, providing an important way for them to increase their support of non-profit organizations around the world.
"Focus Capital Partners Aid marks an innovative step forward in the company’s long tradition of charitable giving," said Ching Y. Tjio, Chairman and CEO of The Focus Capital Partners. "Focus Capital Partners has been fortunate to produce strong financial results in recent years and we want to support non-profit and other charitable organizations in a meaningful way."
We are also pleased to announce that we plan to increase our annual Matching Gift Program from $10,000 to $20,000, for each eligible employee other than partners.
About Focus Capital Partners
From its inception as premium portfolio manager, Focus Capital Partners has grown to manage over 40 different strategies in global equities and emerging markets for clients across the globe. Focus Capital Partners specializes in active global and international investment strategies, employing sophisticated analytical models for active investment selection. Our investment philosophy has remained centered around one core goal – empowering the investor by providing the most valuable investment returns achievable. We invest right alongside our investors and our fee structure is highly incentive oriented. What is good for our investors is good for us.
Focus Capital Partners
address: Billion Centre, 1 Wang Kwong Road, Kowloon Bay, Kowloon, Hong Kong