Saban Capital Group Opens Hong Kong Post


HONG KONG/LOS ANGELES: A new office for Saban Capital Group has been set up in Hong Kong, to be led by Sumeet Jaisinghani, who has relocated from the company’s Los Angeles post.

The new hub marks the first Asian office for Saban Capital Group, which has investments in the region such as Media Nusantara Citra, Celestial Tiger Entertainment and Taomee. Jaisinghani, who joined the company in 2008, will be overseeing an investment team dedicated to transaction sourcing and execution. 

Haim Saban, the chairman and CEO of Saban Capital Group, commented, "Asia is home to some of the world’s most innovative and creative entrepreneurs in media and communications. We are excited about expanding our investment franchise into Asia and the opening of Saban Capital Group (Asia)’s office in Hong Kong is a strong sign of our commitment to the region.”

Adam Chesnoff, the president and chief operating officer of Saban Capital Group, said, “The expansion of our investment practice into Asia represents a strategic priority for Saban Capital Group. Our presence in Hong Kong provides us with a regional connection to the many exciting investment opportunities in media and communications in Asia while supporting our existing investments in the region. Our approach of partnering with strong entrepreneurs and management teams, and contributing our expertise, relationships and capital to help them achieve their global growth objectives, is a unique proposition in these dynamic markets.”

Sumeet Jaisinghani, the director of Saban Capital Group (Asia), added, “As a highly specialized, and long-term, investor with a flexible mandate and a long track record, we believe we are an ideal partner for entrepreneurs and companies in Asia. Our investment profile in Asia includes the spectrum of growth equity, active minority investments, recapitalizations and co-control situations. We look forward to continuing our work with strong entrepreneurs and operating executives to drive meaningful, long-term value creation.”