Barrenjoey Opens Hong Kong Office as Australian Firm Expands

(Bloomberg) — Barrenjoey has added a Hong Kong office to its growing international footprint as the Australian financial services firm boosts its offering for clients in equity sales, research and trading.

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The new outpost brings Barrenjoey’s equity team closer to the firm’s Asian customer base, Head of Equities Chris Williams said in a statement Monday. The company accelerated its presence in Hong Kong after acquiring Forsyth Barr Asia Ltd., Equities Chief Operating Officer Klaudia Szargawinska said in the statement.

The move marks Barrenjoey’s second office outside Australia, after the firm opened operations in Abu Dhabi last year. Since starting in 2020, Barrenjoey has grown to more than 360 people and has won key merger transactions and equity capital markets deals.

The Australian firm was founded by former local leadership at UBS Group AG, including Matthew Grounds and Guy Fowler, and is backed by Barclays Plc. The business now spans advisory and fixed income, as well as M&A and equities.

The Hong Kong office will be led by Angus McGeoch, head of Asia distribution, and currently has about three staff.

(Adds detail on staff in fifth paragraph)

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