Advent-Oriental Asset Management: A “Renewables” IPO on the Horizon?

Oct. 1, 2009 - PRLog -- Shanghai – David St John-Morris,the head honcho at Advent-Oriental Asset Management the Shanghai based Asset Management & Private Equity Firm was seen out dining not once, but twice this week at the same top notch restaurant in Shanghai with three board members of a Chinese based Renewable Energy company.

The Company concerned just happens to be one of the portfolio companies in Advent-Oriental's $1.8 billion Private Equity Fund. Advent-Oriental are specialists in grooming companies to a successful IPO and it is interesting to note that on both occasions that their Chief Economist and Director of Research Dr Owen Post PhD was in attendance.

Could there be a new IPO on the horizon? When pressed for comment all the normally tight lipped Dr Post, known as “Post-the-Profits” would say was “See you in Copenhagen.”

About Advent-Oriental Asset Management

Advent – Oriental was founded in Rangoon, Burma (now Myanmar) in 1889 by Maj Gen Sir John Leopold Advent MC KCB. Burma was at that time an annex of India under the rule and administration of the British “Raj”.
 A highly decorated career soldier and nearing the end of his military service, Sir John had an Indian bride and substantial holdings in the Bengal region. Upon retirement, his purpose and intent was to form a company that would assist and advise retiring officers and men in investing their gratuities, pensions and assets wisely and prudently, in order that they may live out their retirement in comfort and security and so, Advent-Oriental Asset Management was born.
 Upon the death of Sir John in 1899, the company decided to open its doors to servicemen and civilians alike whilst continuing to honor Sir John’s basic tenet of “Wisdom and Prudence” and in 1962 moved operations to Singapore because of the political situation that was developing in Burma.
 Two further moves were to follow; Hong Kong Island in 1966 and finally, Shanghai in 2004 where our center of operations is now located.
The focus since 1991 has been on the now fashionable “green” technology sector in sourcing, researching and identifying opportunities in companies that are either developing, producing or manufacturing alternative energy solutions, ecologically friendly waste management & disposal systems– and their ancillaries.

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Advent – Oriental was founded in Rangoon, Burma (now Myanmar) in 1889. Now based in Shanghai,and focussing on the“green” technology sector