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Coventry Enters Hong Kong

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A life settlement provider hopes to sell more longevity-based investments to institutional investors in the Asia-Pacific region.

An affiliate of Coventry Group Inc., Fort Washington, Pa., has established Coventry Capital HK Ltd. in Hong Kong.

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Coventry has hired Charles Wong to run the affiliate. Wong previously worked in Hong Kong as a managing director and head of structured investment derivatives marketing for the Asia markets at a unit of J.P. Morgan Chase & Company, New York.