Asia presents an untapped but complex direct lending opportunity
The sector is in its relative infancy in Asia-Pacific, with demand outweighing supply. Managers keen to participate would do well to note the vast differences within individual [...]
OCP Asia hits target, moves towards hard-cap
Private Debt Investor Feb 1st, 2021 by Andy Thomson The Hong Kong-and Singapore-based manager’s fundraising is progressing well as LPs eye Asia’s recovery from the pandemic. Hong [...]
Private debt finds its moment in Asia
Euromoney.com Nov 30th, 2020 by Chris Wright New funds are attracting some of the world’s biggest investors to Asian private credit. When, in September, the Ontario Teachers’ [...]
Asia set for private debt boom
Reuters Oct 16th, 2020 by Mariko Ishikawa SYDNEY, Oct 16 (LPC) - Money managers are ramping up fundraising across a range of private debt strategies in Asia [...]
Non-bank funds Young Rich Lister Andrew Welsh’s suburban play
Australian Financial Review Aug 18th, 2020 by Larry Schlesinger Young Rich Lister and former Essendon football player Andrew Welsh has added to his extensive landholdings in Melbourne's [...]
OCP Asia backs hospitality giant Mantle with $85 million loan
Australian Financial Review Feb 6th, 2020 by Sarah Thompson, Anthony Macdonald and Tim Boyd Asia-based alternatives manager OCP Asia is backing plans by Brisbane “hospitality king” Godfrey [...]
Deutsche, UBS step up for National Plant & Equipment
Australian Financial Review April 11th, 2019 by Sarah Thompson and Anthony Macdonald There are two strong favourites to help float mining equipment company National Plant & Equipment. [...]
OCP Asia refocuses on China funding gap
Private Debt Investor March 28th, 2019 by Adalla Kim A decline in 'shadow banking' has led to a reduction in primary lending and a growing funding gap [...]
Pacific Star to take full control of Puteri Cove project for $26m
The Straits Times December 27th, 2018 Pacific Star Development (PSD) is buying out its joint venture partner in the Puteri Cove Residences project to facilitate the obtaining [...]
Credit managers factored into Asia’s growth
Private Debt Investor November 29th, 2018 by Adalla Kim As smaller companies in the region face liquidity constraints, non-bank lenders are coming to the fore with financing [...]
National Plant offers $1b bait; banks respond to RFP
The Australian Financial Review November 26th, 2018 by Sarah Thompson Anthony Macdonald There is nothing like the lure of a lucrative future mandate to get money out [...]
OCP Asia garners $500m for Fund III
Private Debt Investor October 16th, 2018 by Adalla Kim OCP Asia, the Hong Kong-based credit fund manager, has garnered $500 million so far for its latest closed-end [...]
OCP Asia Is Said to Raise Over $700 Million for Lending Funds
Bloomberg October 15th, 2018 by Bei Hu • Firm attracted $500 million for a new direct-lending fund • Investors also added capital to its oldest and largest [...]
OCP Asia scales to $2.25bn
AsiaHedge October 9th, 2018 by Rodney Diola Manager attracts $500m in commitments to third lending vehicle under the Orchard Landmark series of funds OCP Asia is now [...]
Sorrento’s Continental Hotel gets $80m makeover
Brisbane Times October 9th 2018 by Simon Johanson The sun is set to shine again on Sorrento’s Continental Hotel as developer Steller starts an $80 million redevelopment [...]
OCP Asia writes 3rd cheque for mining equipment company
Australian Financial Review August 10th 2018 by Sarah Thompson Anthony Macdonald Asia-based alternatives manager OCP Asia has tripled down on privately-owned mining equipment hire company National Plant & Equipment. [...]
OCP Asia-backed Brisbane firm shapes as new IPO contender
Australian Financial Review Jul 5 2018 by Sarah Thompson Anthony Macdonald Hong Kong and Singapore-based alternatives manager OCP Asia has emerged as a backer of another Queensland-based company seeking a place on [...]
Ex-Bomber Andrew Welsh expands property empire with another new estate
Editor, Magazines (Victoria) May 27 2018 by Emily Power As an AFL footballer, Andrew Welsh read the play with precision. As a greenfield property developer, [...]
Equity injection for IPO hopeful Ackroyd
Australian Financial Review Mar 21 2018 by Sarah Thompson Anthony Macdonald Joyce Moullakis The steadily-building upswing in the mining industry has [...]
Essendon’s Andrew Welsh gets $70m hedge fund loan for Melbourne land project
Australian Financial Review Feb 18 2018 By Larry Schlesinger As the major banks turn their backs on developers, Financial Review Young Rich Lister and former Essendon footballer Andrew Welsh has [...]
Australia’s crackdown on property lending fuels lucrative debt market
Reuters December 12 2017 [SYDNEY] Australia's push to control a housing bubble by reining in bank lending to property developers has unleashed a highly profitable market for [...]
OCP Asia in Ackroyd Group’s corner
Australian Financial Review Jul 19 2017 By Sarah Thompson, Anthony MacDonald and Joyce Moullakis A former BRW Rich 200 member's equipment hire company has been backed by one of Asia's top [...]
Asia trade funds: Out of the shadows
Global Trade Review Jul 05 2017 By Finbarr Bermingham Funds in Asian trade finance are becoming increasingly visible, as banks scale back their lending. Finbarr Bermingham speaks [...]
Ex-AFL star secures $105m hedge fund loan for new Melbourne suburb
Image : An artist's impression of Thornhill Park, which is being developed by Welsh Group. Australian Financial Review Feb 22 2017 by Larry Schlesinger Former Essendon football [...]
Metro gets $90m loan from Hong Kong hedge fund for Brisbane tower
Jan 26 2017 by Larry Schlesinger One of the country's biggest private developers, Metro Property Development, has negotiated a $90 million senior loan with Hong Kong-based hedge [...]
Asian credit hedge fund goes where Aussie banks fear to tread
OCP Asia was a funder of the conversion of the 100 Harris Street wool warehouse into a residential and commercial property site. (Picture: Steven Siewert) Australian Financial [...]
Corporate Update
Australia 31 October 2016 Galaxy Resources Ltd (ASX: GXY) (“Galaxy”) (“the Company”) is pleased to announce that it has varied the existing OCP Asia (“OCP”) secured [...]
Steller Group gets Asian equity boost
Stellar Group managing director Nicholas Smedley. (Picture: David Geraghty) The Australian July 25, 2016 By: Damon Kitney, Victorian Business Editor, Melbourne The Asia-focused alternative investment fund [...]
Hedge Fund OCP Asia Hires Ernest Lee From Nomura in Singapore
Bloomberg Jul 4 2016 by Denise Wee Lee was head of principal finance group at Nomura Singapore OCP Asia is hiring as banks scale back regional SME [...]
AJ Lucas balance sheet refinancing secures funding for next phase of UK shale operations
Three year facilities significantly strengthen balance sheet Material reduction in net debt Financing expected to fully fund next phase of UK operations - two wells [...]
Galaxy Resources – Corporate debt refinancing
Australia 17 November 2015 Highlights Final stage of balance sheet restructuring now complete Galaxy residual debt profile now termed out to 3 years New secured debt [...]
Completion of Star Vegas Transaction
ASX: DNA ASX RELEASE 1 July 2015 Donaco International Limited (the Company) is pleased to confirm that its acquisition of the business of the Star Vegas [...]