Affiliated Managers (AMG) Acquires Minority Stake in OCP Asia
Zacks.com
3 hrs ago
Affiliated Managers Group, Inc. AMG recently acquired a minority equity interest in OCP Asia Limited, with an aim to further enhance participation in private markets and exposure to growth markets across Asia. OCP Asia is a credit provider in private markets across the Asia-Pacific region, with focus on customized secured lending solutions.
Popular Searches
Terms of the deal have not been disclosed yet. The partners of OCP Asia will continue to hold a substantial majority of the equity of the firm and manage day-to-day operations.
Based in Hong Kong and Singapore, OCP Asia has roughly $3 billion in assets under management. It is headed by Stu Wilson, Teall Edds, and Dan Simmons, and has more than 30 employees. The firm, through its systematic investment process and differentiated competitive position, not only offers exceptional, risk-adjusted returns but also delivers dynamic lending solutions which are more attractive than the traditional capital sources.