FinEX Asia Secures $100 million Credit Facility to Expand Client Access to US Consumer Credit Assets
HONG KONG,June 4,2019 -- FinEX Asia Investment Limited ("FinEX Asia") announced that it has closed a US$100 million credit facility with Macquarie Group,which will enhance yields for investors of FinEX Asia's US consumer credit strategies. FinEX Asia is a Hong Kong licensed asset management firm that provides professional and institutional investors with direct access to high quality assets worldwide.
FinEX Asia Secures US$100m Credit Facility from Macquarie Group
The credit facility is part of a broader effort by FinEX Asia to collaborate with major global financial institutions,working across regions to expand access to large-scale high-quality US consumer credit assets. These partnerships aim to increase investment yields from high-quality alternative assets while showcasing FinEX Asia's distinguished investment management strategies.
"Accessing diverse funding sources from trusted partners allows us to deliver additional value to clients," said Robert Cheung,Chief Executive Officer of FinEX Asia. "This transaction represents a capital markets financing alternative for the portfolios we manage,which will provide superior investment yields and enhanced liquidity."
FinEX Asia has been steadily expanding its industry footprint. It currently manages over US$260 million in assets and recently obtained approval to register its fund products in South Korean financial markets.
For additional details on this announcement please contact marketing@finexasia.com.
About FinEX Asia
FinEX Asia is a global asset management firm that provides professional and institutional investors with direct access to high quality assets worldwide. We leverage core competencies in technology,risk management,and global networks to achieve superior returns and drive key insights that simplify the asset management experience. We offer carefully structured fund products and elite advisory services to individual and institutional investors while engineering fund management solutions for financial institutions. FinEX Asia is headquartered in Hong Kong and is registered under SFC license# AFQ783.
About Macquarie Group
Macquarie Group Limited is a diversified financial group providing clients with asset management and finance,banking,advisory and risk and capital solutions across debt,equity and commodities. Founded in 1969,Macquarie employs over 15,700 people globally. At 31 March 2019,Macquarie had assets under management of $US391.4 billion.
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