ADM Galleus Fund I Wins "Fixed Income, High Yield and Distressed Strategy" Award
ADM Capital’s Galleus Fund I won under the “Best Fixed Income, High Yield and Distressed” category at the October 2016 AsiaHedge Awards. The fund boasts a 17-year track record of investing in Asian credit. During the year, the fund gradually shifted its investing focus away from public bonds to private credits to boost performance which helped propel the team’s convincing win under this category. It helped that interesting pipelines of attractive private credits with more stable valuations appeared during the period.
The Concealed Risks in Private Credit Investing
For ADM Capital, our Asian private credit strategy has consistently generated an IRR of 18%+ over the last 5 years. In comparison, Emerging Market high yield bonds have returned a CAGR of 7.1% over the same period. Indeed, in the last 12 years, we have invested in 133 private deals amounting to over USD3.3bn across various countries in the Asia Pacific region, and made our exit from 113 of them, registering ~USD500m in realised gain.
Future of Private Debt: The Last Word with ADM Capital
ADM Capital Celebrates the Commissioning of Cattle Processing Facility in Western Australia
Friday, September 9th 2016 marked the official opening of the Colourstone Processing Facility near Broome, Western Australia. The meat processing operation was financed by ADM Capital’s flagship ADM Galleus Fund II Limited and is the only state of the art beef processing facility in the region (capable of processing 37 head per hour – up to 70,000 head per annum on one shift).
Nuchev Secures up to A$20m in Financing from ADM Capital
Globally oriented health and nutrition company Nuchev today announced the successful completion of up to A$20 million in financing from Hong Kong based investment manager ADM Capital.
ADM Capital and Ozyavuz Holding Announce Agreement to Sell Cevher Döküm Sanayii A.Ş. to Nemak
Ozyavuz Holding and ADM Capital are pleased to announce they have signed an agreement to sell 100% of Cevher Döküm Sanayii A.Ş. (“Cevher Döküm”) to Nemak S.A.B de C.V.(“Nemak”), a leading provider of innovative lightweighting solutions for the global automotive industry.
IFC and ADM Capital Launch New Platform to Advance Asian Emerging Markets, Turnaround SMEs and Save Jobs
IFC, a member of the World Bank Group, and ADM Capital, have launched a repeat lending platform to support sound, but financially stressed companies in Asia. The platform will act as a safety net allowing small and medium enterprises (SMEs) to grow in the absence of bank financing, subsequently saving jobs and securing livelihoods.
The ADM Capital Somei Lending Platform addresses a credit vacuum in Asia whereby stressed, small and middle market firms that operate in dysfunctional markets or in special situations gain access to medium-term debt financing that cannot be obtained through traditional sources.
ADM Capital Launches New Fund Sponsored by KazAgro and Hungarian EXIM
ADM Capital have announced the launch of the CCL Kazakhstan “Silk Road” Agriculture Growth Fund, sponsored by KazAgro National Management Holding (KazAgro) and Hungarian Export-Import Bank Plc (EXIM). The fund will be managed by ADM Capital’s European division, CEECAT Capital.
ADM Capital's Project Hyatt Underscores the Strong Risk Adjusted Return Potential in Asian Private Credit
Our most recent exit has been our most successful yet - the USD20m Project Hyatt investment related to the property sector in Malaysia. Even in the current uncertain and volatile market environment where the Malaysian Ringgit declined over 30% during the investment period, we exited this investment in early February, making a gross IRR of 26% and CoC of 1.3x on our initial investment in 2014. This clearly highlights our underwriting and structuring capabilities, but more importantly, our ability to manage the borrower-lender relationship to be a win-win for all parties.
ADM Capital: 2015 in Retrospect, 2016 in Anticipation
Please find below a short article whereby ADM Capital reflects on noteworthy successes acheived in diversifying our investment portfolio and improving returns in 2015, effectively strengthening the foundations of our business to prepare for the next phase of growth. We also offer brief insight into our plans for the year ahead.