HGC has been owned by I Squared since 2017. Its not very...

HGC has been owned by I Squared since 2017. Its not very Chinese. One of the co-founders is Egyptian by birth, educated at Oxford and is now on the US President's National Infrastructure Advisory Committee.

I Squared was formed when several senior staff of the Morgan Stanley infrastructure fund decided the rules preventing them from taking substantial stakes in the fund were unfair so they set up their own fund. It is still trying to expand its asset base. Only a few weeks ago HGC put in a formal bid for Hong Kong Broadband. China Telecom may make a counter bid, but interesting that I Squared wants more of the Hong Kong and regional market.

Its not hard to search the internet. Its all there. As Bloomberg said on March 5:

HKBN offers a variety of telecom and data center services in addition to providing broadband services to both people and enterprises. The firm says that the majority of the data centers in Hong Kong, where it offers colocation, are constructed to Tier III standards. HGC, owned by I Squared Capital, provides data center services in addition to its fixed-line operations. Together with HGC, I Squared Capital also owns the recently established German Edge company nLighten, the European infrastructure company Exa Infrastructure, and the Mexican data center company Kio Networks.