Great Wall of China

China Private Equity renamed as Adamas Finance

AIM-quoted China Private Equity Investment Holdings has been renamed Adamas Finance Asia (AFA).

The company’s new AIM ticker is ADAM.
 
The renaming follows the completion of an agreement announced last December which sees control pass to the Hong Kong-based asset management group Adamas Asset Management.
 
Adamas has approximately USD500m under management.
 
Adamas’ investment professionals will provide AFA with investment management services and with access to consistent deal flow. Their investment policy will target SMEs needing capital in Asia, with a focus on Greater China. Transactions will be structured as senior debt, bridge loans, mezzanine finance and other types of structured private financing, with a targeted internal rate of return of 20 per cent per annum.

Further reading



Upcoming events

3 days 18 hours from now - Kuala Lumpur
3 days 18 hours from now - California
4 days 18 hours from now - Las Vagas

Upcoming training

Mon, 10/11/2014 (All day) - London
Mon, 10/11/2014 (All day) - London
Thu, 13/11/2014 (All day) - London