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Thursday, 8 June 2017

(The Star) Senturia launches RM500mil funds for investment


PETALING JAYA: Private equity (PE) fund manager Senturia Capital has launched RM500mil in real estate investment and strategic capital funds, specifically targeting investment opportunities in Malaysia, Singapore, China and Australia.

The firm’s RM200mil real estate investment fund follows core, core-plus, value-added or opportunistic strategies when making real estate investments, although most of its real estate investment fund will be in core or core-plus real estates.

“We believe that core real estate should be the bedrock of a diversified portfolio. “Core investments are almost as safe as bonds, but with much higher returns. “Unlike the stock market, core investments hold up extremely well in business cycle downturns,” said Senturia Capital managing partner Datuk Marco Yap.

Meanwhile, a total of RM300mil will be raised by Senturia Capital’s Strategic Capital Fund to provide flexible and medium-term alternative capital to businesses across a wide range of sectors.

“As the supply of available capital is constrained by changes and conditions in the financial market, traditional banking institutions have shied away from lending to certain areas of the credit market.

“Because of this, alternative capital providers have entered the market to offer private capital to companies where funding sources are limited or unavailable,” added Yap.

The firm’s targeted investees will mostly be private companies that seek alternative funding to grow, but are unable to access traditional sources of capital.

In addition, it will participate in mezzanine real estate acquisitions, special situation equity investments and recapitalisation, real estate investment trust debt and commercial real estate structured transactions.

Senturia Capital specialises in structuring, sourcing and advising on debt and equity financing transactions, with a focus on advising and assisting public and private companies to secure funding through their network of relationships with financial institutions, venture capitalists and PE funds.