Raffles Family Office has announced the opening of its new and expanded headquarters at The Center in Hong Kong and concurrent expansion in Singapore to support its strong business growth trajectory and the rollout of its Raffles Ecosystem offering.

Raffles Ecosystem is a physical workspace in which single-family offices can house their operations, thereby extending their reach and capabilities across the region by leveraging RFO’s network and specialist services.

The inaugural facility is situated adjacent to RFO’s Hong Kong headquarters and is already home to two Raffles Ecosystem partner firms. Each is provided with a private office and access to a communal lounge – complete with a relaxation zone, pool table, ping pong table and pantry – as well as RFO’s rich suite of supporting services that include fund and governance solutions and a broad selection of advisory offerings. Partners in Singapore also receive exclusive access to a hot desk area next to the firm’s enlarged office.

In addition to the larger Hong Kong and Singapore offices, RFO has extended its geographic reach to Beijing. The new office is headed by executive director Annie Hu, who recently joined the firm to oversee its business in mainland China. Hu is well versed in providing asset management solutions to ultra-high net worth individuals and entrepreneurs across the country and supporting the financing needs of Chinese enterprises.

The multi-family office now has five locations across Asia, including offices in Shanghai and Taipei. This translates to a regional physical footprint of 35,000 square feet and capacity to house 350 employees, a headcount it aims to reach within the next two years.