03/03/2020 - InfraRed NF, the leading Greater China real estate investment manager, is delighted to announce that it has been named ‘Real Estate Debt Fund Manager of the Year, Asia-Pacific’ at the Private Debt Investor Annual Awards 2019.
As at December 31st 2019, InfraRed NF actively managed a loan security portfolio of around US$3 billion in gross development value across seven cities in Greater China. In 2019, the platform transacted approximately US$260 million of structured financings secured across five predominantly residential development projects and a mature office asset.
To date, InfraRed NF has completed 11 credit investments of approximately US$700 million of capital in Greater China, eight of which have been exited.
Grant Chien, Head of Special Situations Financing of InfraRed NF, said, “This award validates our leadership position in structuring private credit, focusing on higher barrier-to-entry transactions which require comprehensive property-level underwriting and on the ground asset management expertise.”
Stuart Jackson, Chief Executive Officer of InfraRed NF, added, “Long-term deleveraging coupled with recent market volatility creates an attractive investment environment for private credit in China. We are delighted to be recognised by PDI with this award which recognises a track record built on careful selection of creditworthy business partners, meticulous assessment of the underlying collateral and robust risk management systems.”
Tulchan Communications | +65 6222 3765 | InfraRedNF@tulchangroup.com
About InfraRed NF
InfraRed NF is a Hong Kong-based joint venture between InfraRed Capital Partners and Vervain. Established in 2007, InfraRed NF is a leading investor in the Greater China real estate market with a proven track record of delivering superior returns through a combination of mezzanine financing and value-add investing.
InfraRed Capital Partners is a leading global investment manager focused on infrastructure and real estate. It operates worldwide from offices in London, Hong Kong, New York, Seoul and Sydney and has launched 18 funds including two listed on the London Stock Exchange. With over 140 professionals, it manages US$12bn of equity in multiple private and listed funds, primarily for institutional investors across the globe.
Vervain (which includes entities operating under the former name of “Nan Fung China”) is a Hong Kong-based private group of companies established in 2004. Vervain has a diversified real estate business, including property investment, property development, project management, real estate private equity investment as well as other financial and mezzanine financing investment. Vervain’s property portfolio comprises high quality residential, commercial, industrial, serviced apartments and hotel properties in Hong Kong, London, New York, Seoul, Tokyo and Vietnam.