SMDAMSG and Aravest launch APAC Real Estate Credit strategy
Client(s) Sumitomo Mitsui DS Asset Management (Singapore) Pte. Ltd. and Aravest Private Funds Pte. Ltd.
Jones Day jointly represented Sumitomo Mitsui DS Asset Management (Singapore) Pte. Ltd. ("SMDAMSG") and Aravest Private Funds Pte. Ltd. ("Aravest") in relation to the launch of their APAC Real Estate Credit strategy (the "Strategy"). This Strategy is sponsored by SMBC Group and co-managed by SMDAMSG and Aravest, combining SMBC Group's lending expertise with institutional investment management capabilities. Aravest contributes robust institutional investment management experience through its deep expertise in real estate equity investing, while SMBC provides pan-Asian origination capabilities, credit expertise, and operational excellence through SMDAMSG.
The Strategy was initially launched with commitments of US$120 million and has since increased to US$165 million following additional capital commitments. The Strategy will target private real estate credit opportunities across the APAC region, focusing on credit transactions secured by high-quality real assets. Investments will span across a range of credit solutions tailored to the lifecycle of the underlying assets, including construction, bridge, value-add and stabilized stages.
The venture is designed to establish a scalable real estate credit investment platform and to deliver a differentiated investment solution that addresses the growing demand for flexible and risk-managed capital in APAC's real estate sector and reflects SMBC Group's strategic commitment to becoming a leading asset management solutions provider.
