SANNE in Singapore announces it has been appointed as Fund Administrator and Transaction Administrator for a new retail private equity bond issued by Astrea IV Pte Ltd (“the Issuer”). The successful launch of Astrea IV marked the first time that a bond backed by cash flows from a diversified portfolio of quality private equity fund investments was made available to retail investors. This deal will see SANNE working closely with the arranger of the deal, Azalea Asset Management Pte Ltd.
SANNE’s Chief Commercial Officer, Martin Schnaier, said: ‘This is a landmark achievement for SANNE and our Singapore business and we are delighted to be supporting Azalea Asset Management Pte Ltd on this deal. Our appointment reinforces our capability in the Asia Pacific region, where...
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