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Helicap lists private credit fund on ADDX

Helicap Investments has listed its flagship fund, Helicap Fund I, on the private market exchange ADDX. Since launching in 2018, the fund has disbursed more than $100 million to micro, small and medium-sized business in Southeast Asia with around 10% in net annualised returns.

Helicap Investments has listed its flagship fund, Helicap Fund I, on the private market exchange ADDX. Since launching in 2018, the fund has disbursed more than $100 million to micro, small and medium-sized business in Southeast Asia with around 10% in net annualised returns.

With the efficiencies that result from ADDX’s blockchain and smart contract technology, the fund was offered to approved investors on ADDX’s platform at a minimum size of $10,000.  Investors who subscribe to private credit funds like Helicap through traditional, non-tokenised channels generally face minimum investment sizes of $250,000 or more.

Helicap announced a strategic funding round last month that saw Temasek-backed international alternative asset management group Tikehau Capital join Helicap as a shareholder. In 2020, Helicap raised $10 million in a Series A funding round led by Saison Capital, the corporate venture arm of Japanese consumer finance firm Credit Saison. It previously raised $1.5 million in seed funding from Nufin Data, a fintech trade financing firm chaired by Teo Ser Luck, former Singapore Minister of State for Trade and Industry.

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