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Macquarie Group Provides $100MM in Growth Capital to FinEX Asia

June 04, 2019, 08:00 AM
Filed Under: Investment Financing
Related: Macquarie Group

FinEX Asia Investment Limited announced that it has closed a $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.

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.

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