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Gavekal Capital Ltd. (Gavekal) is an independent fund management firm headquartered in Hong Kong. The firm was founded in 2002 by Louis-Vincent Gave, Charles Gave and Anatole Kaletsky. They started as an independent research firm, added fund management to their activities in 2005 and started offering data analysis services in 2008. Gavekal manages the assets of Gavekal Funds and Sub-funds as well as several managed accounts for institutional clients and a separately managed account in the form of Cayman Islands Funds.

Park Vale Capital Ltd. (Park Vale) is an independent alternative asset management firm headquartered in London, UK. The firm was founded by Phil Cooper and Katherine Priestley in 2005 as Lincoln Vale LLP. Park Vale manages assets on behalf of foundations and private wealth clients.