Ailant Finance’s private wealth management division plans to launch a private equity fund which so far has USD100m in seed investment committed.
The official marketing period of the natural resources-focused fund will begin in December and last six to eight months, or until it has hit its targeted maximum capital commitment.
Ailant Finance private wealth management manages about USD550m for a client base of family offices and high net worth individuals.
"We manage our funds within a disciplined risk management framework that has predetermined limits on the percentage of privates that can be held in a fund," Ferdinand Aracon, the PR manager, says.
"Many of our investors have asked for a longer term time horizon for investing, wishing to access some of the great private investment opportunities we are seeing in the natural resources space."
The USD100m anchor investment came from investors and clients from Norway, UK and China.
