XI’AN, China, July 3, 2026 /PRNewswire/ — Under the theme “Digital Convergence Revitalizes the Silk Road, Smart Innovation Shapes the West’s Future,” the 7th Western Digital Economy Expo (WDEE Expo) has successfully concluded in the ancient capital of Xi’an on June 28.
Xi’an High-Tech Industry Development Zone
The expo brought together delegations from Singapore, South Korea, Thailand, Cambodia, and other countries, as well as government and enterprise representatives from over 30 Chinese cities and 119 leading digital economy companies. The event facilitated the signing of 34 key projects, marking a new record in the expo’s history.
This year’s WDEE Expo has introduced the “Digital Economy Enterprise Going Global” exchange event for the first time, demonstrating that Xi’an has moved beyond the traditional role of facilitating industrial transfer and is actively exporting digital capabilities. The event released the “Silk Road Cross-Border Data Flow and Operations White Paper” providing practical guidance for standardized digital trade among Belt and Road partner countries. In addition, the signing of “GEO Industry Standard Self-Regulatory Convention” further consolidated the foundation for the compliant development of cross-border digital businesses.
As a key hub for the digital economy in western China, Xi’an is accelerating the construction of an open and shared digital ecosystem. In 2025, core digital economy industries above the designated size reached 129 billion yuan (9.28% of GDP).
Infrastructure has been reinforced through five new‑infrastructure initiatives covering networks, cloud, computing, data, and security, to support government‑enterprise collaboration and public services.
Xi’an drives digital growth through scenario‑based openness, releasing 303 application requirements across smart tourism, XR, new energy, and more. The city has built technology centers for open-source chip, AI algorithms, and industrial software, forging industrial chain clusters from R&D to large‑scale deployment.
In Xi’an, a robust enterprise ecosystem has been established through echelon building, white‑list institutional arrangements, and innovation funds, attracting industry leaders like Huawei and JD.com while nurturing specialized SMEs, creating a balanced environment where enterprises of all sizes thrive together.
As Xi’an advances its vision of becoming a hub for digital technology innovation, a launchpad for next-generation digital products and applications, and a thriving ecosystem for the integrated growth of digital enterprises, the city warmly invites partners from across the global big data, cloud computing, and artificial intelligence value chains to join as its “City Partners.”
BEIJING, July 3, 2026 /PRNewswire/ — On July 3, iQIYI, China’s leading online entertainment platform, announces that its original hit comedic variety show “The King of Stand-Up Comedy” returns for its third season. The new season will be available simultaneously on iQIYI and iQIYI International, bringing the latest chapter of the platform’s comedy franchise to a global audience.
Carrying forward the series’ core spirit of “from nobody to somebody,” the new season gathers a diverse lineup of stand-up comedians and manzai duos from various comedy clubs across China. Welcoming back old friends alongside fresh talent, the season gives performers a broader stage to share authentic stories rooted in everyday life, showcasing a wide range of comedic perspectives.
A Franchise with Proven Cultural Pull
Now entering its third year, “The King of Stand-Up Comedy” has established itself as one of China’s most influential comedy franchises and a signature title in iQIYI’s summer lineup. The first season‘s iQIYI popularity index broke 9,400, propelling the show to the top of iQIYI’s 2024 variety popularity index and dominating variety show rankings across several prominent third-party data platforms.
Season 2, which premiered in July 2025, sustained that momentum, generating over 5,100 trending topics and topping the third-party platform Enlightent’s August 2025 “Dominating Screen Chart of Variety Shows,” making it the only comedy program to earn that distinction that year.
The series’ appeal goes beyond ratings and popularity. In Season 2, one comedian’s routine about airline uniform policies prompted policy reviews at several Chinese carriers, a demonstration of how the show’s humor connects to broader public conversations.
From Hit Shows to Lasting Franchises
“The King of Stand-Up Comedy” is a testament to iQIYI’s ongoing efforts to develop long-running seasonal IPs. Alongside established franchises such as “The Rap of China,” which brought hip-hop culture into the mainstream in China, and “The Blooming Journey,” a travel-themed reality show anchored in female-centric storytelling, iQIYI has built a portfolio of standout seasonal IPs that speak to the full breadth of consumer tastes.
With Season 3 of “The King of Stand-Up Comedy,” iQIYI continues to deepen that portfolio, reinforcing its position as China’s leading destination for original content that resonates season after season.
HONG KONG SAR – Media OutReach Newswire – 3 July 2026 – Saudi Arabia’s Elm Company will take part in LEAP East Hong Kong 2026 as Business Solutions Partner, the company has announced, ahead of the event’s opening on 8 July 2026, marking its push to deepen ties with governments, tech ecosystems and businesses across APAC.
LEAP East, taking place 8-10 July at the Hong Kong Convention and Exhibition Centre, is co-organised by Tahaluf, Saudi Arabia’s Ministry of Communications and Information Technology (MCIT), with the Innovation, Technology and Industry Bureau of the Hong Kong Special Administrative Region (HKSAR) as Government Partner. The event marks the flagship technology conference’s first edition outside Riyadh.
Elm powers the national digital infrastructure behind more than 30 million users, operates over 170 large-scale digital projects, and enables more than 2 billion digital transactions annually across the government platforms it builds and runs. The company’s work has contributed to a national government digital service maturity index of 86 percent in 2025, among the highest globally.
The company’s capabilities span artificial intelligence, data analytics, smart cities, digital identity and financial technology, developed through three decades of partnership with the Saudi government across security, health, transport and finance. Elm has also extended the model regionally, with active engagements including compliance and inspection platforms in Oman, national archiving and ERP systems in Jordan, judicial digital transformation in Iraq, and finance sector modernisation in Syria.
Four Elm executives will speak across LEAP East’s flagship stages. Majed Al Otaibi, Chief Government Products Officer, opens on 8 July with a Main Stage fireside chat, “Ambition at Infrastructure Scale: How Saudi Turns Digital Vision into Operational Reality”, running 12:00-12:20pm. Other Elm leaders will address AI in software engineering, growth in emerging digital economies, and smart and sustainable city development across the DeepFest, Ecosystem Xchange and Orbital stages.
Elm’s investment and partnerships teams will participate in the event’s Tech Investor Program, engaging directly with technology companies, institutional investors and startups exploring collaboration or market entry into Saudi Arabia. The company has invested more than USD60 million across 20 companies and completed strategic acquisitions exceeding USD33 million across eight deals, a track record it says underpins its appetite for further partnerships across APAC.
Hashtag: #Elm
The issuer is solely responsible for the content of this announcement.
About Elm Company
Elm Company is a Saudi joint-stock company listed on the Saudi Exchange (Tadawul: 7203), with the Public Investment Fund (PIF) holding the majority stake. Founded in 1988, Elm has evolved into the Kingdom’s foremost digital enabler, serving the public and private sectors with an integrated portfolio of digital solutions spanning artificial intelligence, information security, smart cities, e-government services, healthcare and digital banking.
About LEAP
Launched in Riyadh in 2022, LEAP is a global technology conference organised in partnership with Saudi Arabia’s Ministry of Communications and Information Technology and the Saudi Federation for Cybersecurity, Programming and Drones. Over four editions in Riyadh — the most recent in February 2025 — the conference has attracted more than 215,000 attendees and announced over USD 14.9 billion in deals. The fifth edition is scheduled to return to Riyadh from 31 August to 3 September 2026. LEAP East Hong Kong 2026 marks the conference’s first international edition.
Laos Seizes Over 110 Kilograms of Suspected Wildlife Products in Luang Prabang (Photo: Agriculture and Environment News)
Lao authorities have seized more than 110 kilograms of suspected illegal wildlife products and arrested a suspect in Luang Prabang as part of an ongoing crackdown on wildlife trafficking.
On 30 June, the Lao Wildlife Enforcement Network searched a property in Sangkhalok village, Luang Prabang, on suspicion of illegally trading protected wildlife products and animal parts.
According to state media, authorities confiscated hundreds of items believed to be derived from endangered species, including 486 suspected rhino horn pieces, 714 suspected ivory items, and three boxes of suspected pangolin scales.
Officers also seized two bags of suspected rhino horn powder, 213 cans and one bag of suspected elephant skin powder, 17 bags and 88 cans of suspected pangolin scale powder, and 77 suspected bear gallbladder products.
Additional items included suspected wildlife bones, 17 horn-like objects, four suspected animal teeth, 1,400 tubes and pills of herbal medicine believed to contain wildlife ingredients, and 10 machines allegedly used to process wildlife products.
Authorities said the suspect, identified as a Chinese national, will face legal proceedings under Lao law.
The seizure comes less than a month after another major wildlife trafficking operation in Luang Prabang.
On 13 June, authorities confiscated more than 60 kilograms of suspected illegal wildlife products, including 968 suspected ivory items, 112 suspected animal gallbladders, suspected pangolin scales, rhino horn products, herbal medicines believed to contain wildlife ingredients, and equipment used to process wildlife products.
In a separate operation announced on 17 June, authorities in Champasak province intercepted 294 live wild animals being transported on an international passenger bus traveling between Pakse and Bangkok, highlighting continued efforts to disrupt illegal wildlife trafficking networks across Laos.
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 3 July 2026 – The 2026 Malaysia AI Innovation and Development Exchange Forum and the launch of Omirol, Southeast Asia’s first native AIGC creation ecosystem platform, were successfully held in Kuala Lumpur. The event was jointly organized by FSBM Holdings Berhad, a Bursa Malaysia-listed company, and MOCHI MEDIA SDN. BHD. Through keynote speeches, panel discussions, Omirol showcases and MOU signing ceremonies, the forum explored the current development, challenges and future trends of the AIGC industry in Southeast Asia, while providing a platform for regional exchange and cooperation.
From left: Dato’Dr. Hafiz Kahar, Executive Chairman and Group President of Olympia International Group; Ms. Li Chen, President of Hainan Airport Cross-Border Industry Development Co., Ltd.; Mr. Ian Neo Chee Hua, President of the Southeast Asia Research Center for Humanities(SEARCH); Mr. Cheong Chen Khan, Vice Chairman of FSBM Holdings Berhad; Puan Norsham binti Abdul Latip, Deputy Secretary-General (Technology Development), Ministry of Science, Technology and Innovation (MOSTI), Malaysia; Ms. Zhou Jing, Vice Chairman of the Chian Malanshan Global Expansion Alliance and Chairman of Fuhui Media Group; Ms. Joyin He Jiaying, Founder and CEO of Omirol AI & Mochi Media; Professor Dato’ Dr. Hashim Bin Salleh, President of the Kuala Lumpur International Chamber of Commerce; Professor Dr. Loke Chui Fong, Vice Chancellor of Tunku Abdul Rahman University of Management and Technology (TAR UMT); and Mr. Jason Zhang Yaozhi, Chairman of the ASEAN Headquarters of the World Internet of Things Convention, pose for a group photo during the official launch ceremony of the 2026 Malaysia AI Innovation & Development Exchange Forum.
The event was officially supported by Malaysia’s Ministry of Science, Technology and Innovation (MOSTI). Deputy Secretary-General (Technology Development) Puan Norsham binti Abdul Latip attended the event and delivered a keynote address, noting that Malaysia is actively supporting innovation in the local digital content industry. She stated that the launch of Omirol, as Southeast Asia’s first native AIGC creation ecosystem platform, demonstrates Malaysia’s leading position in technological innovation in the region. By integrating mature international industrial resources to support the rapid development of local enterprises, technologies and talent, Omirol is highly aligned with Malaysia’s strategic direction in advancing artificial intelligence, the digital economy and the cultural and creative industries, while also offering a new practical pathway for deepening China–Malaysia digital economy cooperation. The event brought together nearly 300 guests, including representatives from BytePlus Malaysia, Vision Tech Singapore, IBM Malaysia, TusStar Malaysia, Telekom Malaysia, Xiamen Airlines, xFusion Technologies Malaysia, Solution Group, China Mobile Malaysia and the Chinese Film Association of Malaysia, etc.
Strategic Partnerships to Build a Regional AIGC Ecosystem
One of the forum’s major highlights was the signing of strategic cooperation agreements between Omirol AI and six organizations, including the Southeast Asia Research Center for Humanities(SEARCH), TAR UMT (Tunku Abdul Rahman University of Management and Technology), the animated feature film “Nanyang Volunteers”, ZIVO AI and Do Drama. The collaborations cover AI education, content marketing, production, distribution, and ecosystem development.
Among them, the strategic partnership with China’s V-Valley – Malanshan Video Cultural & Creative Industrial Park marked the most significant milestone. Ms. Zhou Jing, Vice Chairman of the Malanshan Global Expansion Alliance and Chairman of Fuhui Media Group, attended the forum in Kuala Lumpur to deliver a keynote speech and sign the Memorandum of Understanding (MOU). The agreement officially establishes a long-term strategic partnership between China’s national-level digital cultural industry cluster and Southeast Asia’s first native AIGC ecosystem platform. Both parties will collaborate across digital content creation, AI talent development, industrial resource sharing, and international cultural exchange to accelerate the coordinated development of the China–Malaysia digital creative industry.
Building an Open and Sustainable AI Ecosystem
During her keynote speech, Ms. Zhou Jing noted that Malanshan has rapidly evolved from a leading video content industrial park into one of China’s most important hubs for the integration of digital content and artificial intelligence. The recently established Malanshan Global Expansion Alliance brings together over 30 leading Chinese organizations, including Mango TV, Central South Publishing & Media Group, Hunan International Channel, CBG Tianze, AI technology companies, and international communication institutions, forming a comprehensive ecosystem covering content production, AI technologies, international distribution, and cross-border services. She emphasized that the future competition in AI will not simply be about who owns the most advanced technology, but about who can build an open, collaborative, and sustainable industry ecosystem. With a population exceeding 700 million and rich cultural diversity, Southeast Asia represents one of the world’s fastest-growing digital content markets and an important strategic destination for China’s cultural and creative industries.
Six Key Areas of Collaboration
According to the signed Memorandum of Understanding, Omirol AI and Malanshan will jointly promote practical cooperation across six major initiatives:
China–Malaysia AIGC Joint Training Academy Develop AI filmmaking and digital content creation programs with Malaysian universities such as TAR UMT by leveraging Malanshan’s educational resources and industry expertise.
Cross-border Licensed IP Resource Library Establish a shared IP ecosystem covering film, animation, tourism, cultural heritage, and digital assets to support AI-generated short dramas, animation, and creative productions.
Technology Integration and AI Infrastructure Connect leading Chinese AIGC technologies with the Omirol AI platform, enabling collaboration in computing power, AI models, and content generation technologies to improve production efficiency.
Global Content Distribution Network Expand international distribution channels for original Omirol AI content while supporting the localization and commercialization of premium Chinese digital content across Southeast Asia.
China–Malaysia AI Short Drama Competition Jointly organize an international AI short drama competition, accompanied by incubation programs and funding initiatives to cultivate globally competitive Southeast Asian IP.
Industry Collaboration & Investment Platform Establish regular China–Malaysia AI industry matchmaking events to promote technology exchange, global AIGC OPC community, project collaboration, and cross-border investment between enterprises from both countries.
Omirol AI: Building Southeast Asia’s Native AIGC Creaation Ecosystem
Speaking at the signing ceremony, Ms. Joyin He Jiaying, Founder and CEO of Omirol AI, said:
“Omirol is built to be the infrastructure of Southeast Asia. Our vision goes beyond providing AI tools—we aim to build an open ecosystem connecting creators, universities, enterprises, and industry resources, empowering Southeast Asia to become one of the world’s leading hubs for digital content innovation.” She added that Omirol AI has already integrated with China’s ‘LaiShu Processing’ pilot infrastructure in Shantou and is exploring collaboration with Inspur Information (Shantou) to significantly reduce token costs for Southeast Asian users.
Combined with the joint China–Malaysia technical team established together with FSBM and Malanshan’s mature AIGC industry resources, Omirol AI aims to deliver a fully localized, one-stop
AIGC ecosystem tailored to creators, businesses, and educational institutions across Southeast Asia.
A New Model for Cross-border AI Industry Collaboration
As the global AIGC industry shifts from competition in individual technologies to competition between complete ecosystems, integrated capabilities in AI platforms, content creation, IP commercialization, talent cultivation, and international distribution are becoming the key drivers of long-term competitiveness. Industry observers believe this partnership represents more than a business collaboration—it marks the first systematic integration of China’s mature digital content industry with Southeast Asia’s emerging AI innovation ecosystem. By combining technology, content, talent, and industrial collaboration, China and Malaysia are jointly pioneering a scalable model for international AIGC cooperation that could become a benchmark for the future development of Southeast Asia’s digital creative economy.
New label ORCA to Tap Into Asia’s Fast-Growing Entertainment Market With New International Music Act
BEIJING, July 3, 2026 /PRNewswire/ — Damai International, the international arm of Damai Entertainment (HKEX: 1060), a subsidiary of Alibaba Group, on Friday introduced ORCA (Original Creative Artists), its new artist development and content production label, and launched a worldwide artist initiative, “All My Anecdotes Global Audition”.
Launched by ORCA in partnership with entertainment label All My Anecdotes, the initiative marks a major step in Damai International’s expansion into artist development and the global entertainment market. It will also serve as a primary talent pipeline for ORCA’s future artist projects.
Promotional poster for All My Anecdotes Global Audition, featuring dancer and choreographer Audrey Lane.
Promotional poster for All My Anecdotes Global Audition, featuring singer-songwriter DANY.
“This program represents an important step in our global talent development strategy,” said Walter Zheng, president of Damai International. “We aim to discover promising talent worldwide and provide them with the resources, training and opportunities they need to thrive. By leveraging Alibaba’s ecosystem and ORCA’s creative capabilities and extensive experience in developing international artists, we are building a platform that empowers talent to grow and pursue opportunities on the global stage.”
To mark the launch, ORCA released a brand trailer on Friday featuring Audrey Lane, a dancer and choreographer best known as a member of Jam Republic, the runner-up crew on Mnet’s “Street Woman Fighter 2.” Known for her distinctive movement style and multicultural background, Audrey has recently expanded her international profile through collaborations with rising K-pop act MEOVV, viral dance content alongside KATSEYE’s Megan, and a special guest appearance with Chinese pop star Liu Yuxin on the Chinese variety show “Sisters Who Make Waves 2026.”
In the trailer, Audrey stars alongside singer-songwriter DANY, whose introspective sound complements her expressive movement. Together, they create a cinematic blend of music and dance that reflects the creative vision of ORCA and All My Anecdotes, celebrating the idea that every shared moment, inspiration and encounter can become tomorrow’s nostalgia.
The audition is open to aspiring performers worldwide who are passionate about the stage and pursuing a career in entertainment. There are no restrictions on gender, age or nationality, and there is no fixed number of participants to be recruited. Candidates will be evaluated based on their talent, potential and overall suitability.
Selected candidates will join ORCA’s existing artist roster, which includes Audrey and DANY, and receive comprehensive training in performance, music production and stagecraft from experienced industry professionals. Each artist will follow a personalized development plan tailored to their individual strengths and career goals. ORCA ultimately plans to debut a new international music group drawn from the program.
“ORCA is about creativity, artistry and thinking beyond borders,” said Daryl Wang, senior vice president of music business at Damai International. “We’re excited to have artists like DANY and Audrey Lane involved in this program. For those who join this journey, this is more than an audition. It is an opportunity to learn from and collaborate with established creators, develop alongside some of the industry’s most promising emerging talent and become part of a creative community with global reach.”
The global audition will run from July 3 to Aug 3. Applications can be submitted through the official All My Anecdotes website (https://www.ama-official.com/cn/apply/) or by email to casting@orcaartists.com. Applicants can also follow @allmyanecdotes and @orcaartists on Instagram for the latest audition updates.
Damai International is the international arm of Damai Entertainment, focused on expanding its live entertainment ecosystem worldwide. Its businesses span live event ticketing, event management and execution, artist management, content production, venue services and more. In November 2025, it launched MAISEAT, its global ticketing platform, which has since expanded into multiple markets.
About Damai Entertainment
Damai Entertainment is a technology-driven company delivering immersive, real-world entertainment experiences. Its diverse ecosystem spans film production, live events, IP commercialization, TV series, artist management, and ticketing platforms. Anchored in its dual strategic pillars of entertainment and AI, Damai is committed to creating unparalleled live, interactive, and immersive experiences for audiences around the world.
The EMO Mini, EMO Plus and FYLO Mini expand the company’s portfolio for large-scale outdoor formations, payload-enabled performances and close-proximity indoor experiences.
NEW YORK, July 3, 2026 /PRNewswire/ — High Great Innovation, a global leader in formation drone show equipment, has announced official pricing for its three flagship formation drones—the EMO Mini, EMO Plus, and FYLO Mini. With over 30,000 performances delivered across more than 300 cities worldwide, eight Guinness World Records, and a 40,000-square-meter manufacturing facility underpinning its full-chain production capabilities, the company continues to solidify its industry leadership.
The lineup is designed to help show operators, event production companies and venue teams select drone systems for outdoor aerial shows, mixed-payload performances and indoor immersive experiences.
Weighing just 249 grams, EMO Mini: Compact Outdoor Drone for Dense Formations. Weighing 249 grams, EMO Mini is designed for high-density outdoor formation shows. The aircraft supports a minimum flight spacing of 0.8 meters and combines dual-vision positioning with full-band RTK navigation. Its transport-case workflow supports storage, charging and takeoff from the case, helping operators reduce setup complexity and transport footprint compared with traditional models. The IP53 rating and self-heating system ensure reliable operation in light rain and low temperatures, while a new dual-lighting system delivers 360° full-color display.
EMO Mini starts at USD 750 per unit with a minimum order quantity of 2,100 units.
2. EMO Plus: Upgraded Classic with Enhanced Payload Flexibility
Building on the EMO series, EMO Plus increases lighting brightness by 100% and supports combined payload options such as cold fireworks and strobe lights, subject to local regulations and project requirements. The platform has an IP54 rating, supports a minimum flight spacing of 1.44 meters and is designed for mixed-model formation performances with compatible High Great platforms such as EMO Mini and RIFF.
EMO Plus starts at USD 798 per unit with a minimum order quantity of 1,000 units.
FYLO Mini is a 48-gram indoor micro formation drone with a full-coverage protective cage for close-audience scenarios. Its centimeter-level wireless indoor 3D positioning system supports multi-base-station deployment for continuous choreographed animation in venues such as theaters, exhibitions and weddings. Brushless motors, noise-reducing propellers, case-based takeoff and landing, and automatic fast charging are designed to support quiet operation and repeated flights from a single setup.
FYLO Mini starts at USD 14,850 per system.
4. Global Reach and Industry Leadership
High Great Innovation says its drone formations have been deployed across more than 40 countries and regions and more than 300 cities, with over 30,000 performances delivered worldwide. The company reports an overseas fleet of more than 130,000 units, eight Guinness World Records and a 40,000-square-meter manufacturing facility supporting production and delivery. The company has also contributed to major international event projects associated with the Paris Olympics, Osaka Expo and Beijing Winter Olympics.
SINGAPORE – Media OutReach Newswire – 3 July 2026 – Kara Capital is pleased to announce that it has successfully advised a consortium of Japanese corporate investors in connection with the acquisition of an interest in Sydney’s landmark World Square office complex.
The acquisition of a 50% interest in A-Grade Sydney CBD office buildings located at 680 George Street and 50 Goulburn Street will be secured at a 60% discount to estimated replacement cost and provides a capitalisation rate of 7.5%. In our opinion, the entry price gives us confidence that we are acquiring the asset at a compelling valuation – creating the downside protection we seek in every investment opportunity.
The prime Sydney CBD office assets are integrated within the World Square mixed-use precinct providing 67,700 sqm of NLA across 45 levels with 93.4% occupancy. Anchor tenants include NSW Government departments and other national and multinational occupiers.
The Midtown precinct continues to benefit from improved connectivity through Sydney Metro and light rail infrastructure, while limited future office supply supports long-term fundamentals.
The acquisition reflects the growing appetite of Japanese corporate investors for Australian office opportunities, driven by views that valuations in Sydney and Brisbane have largely stabilized and near cyclical lows.
Nazmi Camalxaman, Managing Director of Kara Capital, said:
“For Japanese corporate investors, one of the greatest challenges of investing overseas is the information gap. In every market, there are intermediaries who profit from that gap and there are those whose purpose is to close it.
We believe investors make better decisions when they have better information.
That is why we are committed to educating our clients as much as we can and providing as much help as we can so that they can make a fully informed investment decision.
Our mission is to be an honest, transparent, patient and trusted deal sourcing partner for Japanese corporate investors — connecting them with best in class managers and highly selective deals so they can invest in Australia with confidence.”
Hashtag: #KaraCapital
The issuer is solely responsible for the content of this announcement.
About Kara Capital 21 Pte Ltd
Kara Capital is a Singapore-based real estate consultancy specialising in cross-border manager selection. Operating strictly on a reverse-enquiry model, Kara Capital identifies the most relevant managers to meet the specific needs of its investors.