Hedge funds and other big money managers in Hong Kong aren't in panic mode over the democracy protests sweeping the city.
Those with local offices, such as hedge fund firms Och-Ziff Capital Management Group, TT International and private equity shop Blackstone Group, are operating as usual, according to people familiar with the situation.
The most tangible effect on financial firms has been a challenging commute, with virtually no cars, buses or taxis flowing in Central, the skyscraper-studded business neighborhood that has been the focal point of the protests. But the subway is running, so most employees have been able to get to work. Some in the financial industry have even mingled with nearby protesters and in one case cooked them sausages.
"So far, getting to work is a bit more of a hassle—lots of police about—but feels pretty much business as usual," said one investment firm employee in the city who asked not to be identified.
The protests—formally called "Occupy Central with Love and Peace" and focused on allowing democratic elections without Chinese influence—have been noticeably calm despite some police use of tear gas on students. Participants even cleaned up their own trash on Tuesday and some refer inoffensively to the effort as the "Umbrella Revolution" because of the recent rain.