Saban Capital opens first office in Asia

Haim Saban's Saban Capital Group Wednesday introduced the outlet of their first office in Asia as the organization activly works to expand its portfolio there. Situated in Hong Kong, work is brought by Sumeet Jaisinghani, that has re-situated there from Saban's La office. Saban Capital started trading in Asia this year and it has three core opportunities in the area: entertainment company Media Nusantara Citra Celestial Tiger Entertainment, a partnership with Astro and Lionsgate and Taomee, the biggest children's online entertainment company in China. Jaisinghani, who became a member of Saban Capital Group in 2008, continues to be involved wonderful them. "Asia hosts a few of the world's state-of-the-art and inventive entrepreneurs on television and communications. We're looking forward to growing our investment franchise," chairman-Boss Haim Saban stated. Chief operating officer Adam Chesnoff known as Asia "a proper priority." Contact the range newsroom at news@variety.com