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Private Credit Fund Manager ADM Capital Raises USD630m to Target Asia Pacific�s Small and Medium Enterprises; Hires Neil Harvey as Executive Chairman for Asia Pacific Private Credit

HONG KONG, CHINA - Media OutReach - 28 April 2020 - ADM
Capital, the Hong Kong headquartered investment manager with specialist
experience in Asia Pacific credit and sustainable investment, has raised USD630m
in new assets, taking its total under management to USD2.4bn.

 

These
funds will be invested in the Asian private credit markets and will target mid-sized
companies.   

Neil
Harvey, former CEO of Hong Kong and Greater China and Head of Asia Pacific
Asset Management at Credit Suisse, joins the Asia Pacific private credit team in Hong Kong as Executive
Chairman. Neil has been engaged to align ADM Capital for an anticipated
expansion in the Asia Pacific private credit industry. The firm will expand its
staff in the regions in which it operates and seeks to raise additional capital
over the coming months. 

ADM
Capital has a two-decade track record investing in Asian credit and is
considered a reliable partner to the region's leading businesses and
entrepreneurs, structuring flexible capital solutions to those who are unable
to access finance through traditional channels. The private credit platform
lends across developed, emerging and frontier economies.

 

As
one of the few regional credit managers to lend through multiple credit cycles
in Asia, ADM Capital has a unique understanding of the challenges and
opportunities in periods of market dislocation.

 

"The
impacts of Covid-19 compound daily and whilst the extent of the economic
disruption is still unknown, we believe small and medium enterprises will be
disproportionately affected as traditional lenders prioritise top tier clients
and their requests for urgent working capital,"
said Chris Botsford, Co-founding Partner and Joint Chief
Investment Officer. "We are experienced in underwriting
structures that solve borrowers' idiosyncratic problems, in the context of both
growth and restructuring."

 

Repeat
borrowers are an important source of ADM Capital's deal origination. "We act as
advisors to our borrowers, adding additional value," Botsford said, "We
understand their unique situation and use our experience and regional network
to help solve problems and navigate periods of uncertainty."

 

ADM
Capital believes that social and environmental considerations influence returns
and therefore, in alignment with the firm's long-standing lending policies,
will continue to prioritise companies with proven environmental and social
credentials.  

 

"At
ADM Capital, we believe investment valuations will be higher for companies that
act more sustainably and that younger generations will demand corporate
management take action in this area," said Lisa Genasci, CEO of the ADM Capital
Foundation and Sustainability Advisor to the firm's Investment Advisory
Committee. "We are committed to working with our borrowers toward sustainable
value creation."

About ADM Capital

ADM Capital
is a leading investment manager with specialist competence in private markets.
With a 20-year track record, ADM Capital has developed proprietary sourcing
networks, extensive structuring capabilities and is regarded as a reliable and
trusted source of capital. ADM Capital has two investment strategies; private
lending to mid-market corporates across the Asia Pacific region and private
equity in the food and agriculture sector. Each strategy is advised by
specialist investment teams in Hong Kong and London, respectively.  

The ADM
Capital Foundation was established in 2006 to provide solutions to
environmental challenges in Asia. ADM Capital believes that the social and
environmental aspects of businesses ultimately influence returns. As such, we
fully expect that our investments, whilst producing superior returns, should be
based on sound ESG principles.

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