Dalton Opens an Australia Office

January 1, 2020, Dalton Investments, headquartered in Santa Monica, announces the opening of Dalton Investments (Australia) Pty Ltd (“Dalton Australia”), a new subsidiary research and client service office in Sydney. Dalton Australia adds to the resources of Dalton’s two other research offices located in Tokyo and Mumbai.  The office will specialize in environmental, social and governance (“ESG”) research and will be headed by Craig Mercer who had worked as a dedicated consultant to the firm over the past 12 months prior to being hired as Managing Director of Dalton Australia.  “The new office in Sydney brings Craig, an ESG specialist, in-house to serve as Chief Research Officer and will give Dalton an on-the-ground presence, strengthening our research efforts as well as supporting Dalton’s clientele in the region.” says Belita Ong, CEO of Dalton. “We are excited to be establishing an office in Sydney, enabling us to build upon our research footprint in the region while expanding our ESG capabilities and wider presence in the market,” says Craig Mercer, Managing Director of the office.

About Dalton Investments

Dalton Investments LLC is a value-focused investment management firm with expertise in Asia, Emerging Markets and global equities. Headquartered in Los Angeles, with subsidiary offices in Tokyo and Mumbai, Dalton manages $3.4 billion (December 31, 2019) in actively managed long only and long/short strategies for pensions, endowments, foundations, financial institutions and family offices.

About Dalton Investments (Australia) Pty Ltd

Dalton is exempt from the requirement to hold an Australian financial services license under the Australian Corporations Act 2001 in respect of the financial services and is relying on the Class Order 03/1100 exemption by the Australian Securities and Investments Commission.  Dalton’s wholly-owned subsidiary, Dalton Investments (Australia) Pty Ltd relies on Dalton’s exemption as Dalton’s representative in Australia.  Dalton is regulated by the Securities and Exchange Commission under laws of the United States of America, which differ from Australian laws.