UOBGC Products

Performance Orientated Investment Products

PRIVATE EQUITY

Direct

ASEAN China – The ASEAN China Investment Fund L.P. had its final close in 2005.  Since then there have been several reiterations of the fund, with the ASEAN China Investment Fund L.P. IV having its final close in December 2019. The Funds’ focus their operations in the ASEAN-China Growth Corridor, comprising the 10 member-states of ASEAN and the People’s Republic of China.  The Funds’ target privately negotiated equity and equity related investments in small and medium sized companies, particularly those that can benefit from the rapidly expanding trade and investment ties between ASEAN and China and their respective extra-regional trading partners.  Since their inception, the Funds’ have incorporated Environmental, Social and Governance (ESG) criteria and analysis in their investment process.

Fund of Funds

Pan Asian – The UOB Portfolio Advisors Pan Asia Select Fund I, II and III had their respective final closings in 2007, 2009 and 2012.  The Funds invest in private equity funds in the Asia Pacific Region. The Funds invest in buyouts, special situations, growth capital and selectively in venture, secondary and co-investment opportunities in Greater China, Singapore, ASEAN, Japan, South Korea, India, Australia and New Zealand.

REAL ESTATE

The HUH U.S. Real Estate Income Fund I and II raised over US$560 million for investment in US core plus assets.  The Funds assembled a portfolio of assets that provides stable, distributable current income over the life of the respective fund. Additional returns were sought through improving NOI and disposing of assets with cap rate compression. The strategy employed moderate leverage of not more than 50% and  was targeted to produce Net Investor IRR of 7-10%.The Fund’s investment strategy is to acquire inefficiently priced, well located and well leased properties in the United States, with primary focus on the Eastern US. Long term leases and a focus on credit tenants will produce stable cash from the operations. The Funds’ portfolio consisted of  about 80% Grocery Anchored Retail and 20% Industrial assets. In March 2020 the funds remaining portfolio assets were purchased by the United Hampshire US Real Estate Investment Trust.

HUB Advisors LLC (HUB) is a joint venture between UOBGC and Hampshire to source and to act as an asset advisor in regard to real estate investments and associated debt investments for the benefit of institutional clients. HUB leverages the long established multi sector capabilities of the Hampshire Platform together with UOBGC’s investment, marketing, investor relationship and administrative capabilities. Added to this, the UOB Group’s prestigious Asia  Regional Platform will enhance HUB’s offerings. HUB’s  activities  include acting  as a strategic advisor to its clients by assisting  in assessing market conditions and developing investment strategies that match established targeted investment objectives. HUB will identify potential real estate opportunities within the established investment objectives and negotiate acquisition prices and conduct the due diligence process of potential acquisitions. HUB will arrange and coordinate the placement and closing of acquisition financing.

United Hampshire US Real Estate Investment Trust – Listed on the Main Board of the Singapore Exchange Securities Trading Limited on 12 March 2020, United Hampshire US REIT is a Singapore real estate investment trust (“REIT”) established with the principal investment strategy of investing in a diversified portfolio of stabilized income-producing grocery-anchored and necessity-based retail properties and modern, climate-controlled self-storage facilities located in the United States of America. For more information go to http://uhreit.com/.

UOB Eagle Rock Multi-Family Property Fund I and II are Delaware Limited Partnerships. The Funds raised about US$ 313  million which was deployed in portfolios of stable, income producing multifamily apartment communities generating  current income for regular distribution, targeting stable and robust equity returns of  13- 18% net IRR. The Funds’ emphasis is on markets in the Northeastern corridor in the United States between Washington D.C., to the South, and Boston, Massachusetts, to the North. This is a specialized area of real estate requiring both the ability to identify and acquire on advantageous terms select properties but also to operate these properties. The key is to ensure maximum occupancy, control costs and capital maintenance and increase rentals over time. This approach provides reliable yields, with regular tax effective distributions and over time, capital appreciation.

LISTED EQUITY

Asia-Pacific – This strategy seeks to achieve long-term capital appreciation and regular income through investing in shares of companies listed on Asian-Pacific emerging & developed markets.

Asia ex Japan – This strategy seeks to achieve long-term capital appreciation and regular income through investing in shares of companies listed on Asian ex Japan emerging & developed markets.

Asian Small Cap – This strategy seeks to achieve long-term capital growth by investing primarily in small capitalization stocks and stock-related securities issued by corporations in the Asian ex Japan emerging & developed markets.

Greater China – This strategy seeks long term capital growth through investing in securities that have businesses in Hong Kong, China and Taiwan. The main markets invested are the Hong Kong, Shanghai, Shenzhen and Taiwan Stock Exchanges.

Japan – This strategy seeks long term capital growth through investing in companies with assets in, or revenue derived from Japan.

U.S All Cap – This strategy seeks to provide long term capital growth by investing primarily in US equities, not limited to a particular market capitalization.  The investment team focuses primarily on common stocks that it believes to be undervalued, at the time of purchase, relative to their intrinsic economic worth.

Global Equities – This strategy seeks to provide long term capital growth by investing global equities, not limited to a particular market capitalization.  The investment team focuses primarily on common stocks that it believes to be undervalued, at the time of purchase, relative to their intrinsic economic worth.

FIXED INCOME

Asian Fixed Income – This strategy seeks to provide stable current income and capital appreciation by investing in debt securities issued by Asian corportations, financial institutions, governments and their agencies (including money market instruments).

Renminbi Bond Fund – This strategy seeks to generate fixed income returns and benefit from the potential appreciation of the Renminbi over the medium term by investing primarily in Renminbi denominated debt securities issued or distributed outside mainland China.  The issuers of such securities include, but are not limited to, governments, quasi-government bodies, international and multinational organizations, banks and financial institutions and corporations.

Emerging Market Debt – This strategy seeks to maximize returns with high yield and capital appreciation over the longer term in emerging markets debt investments and products.

HEDGE FUNDS

Hedge funds marketed by UOBGC affiliates include a series of single strategy long/short funds including a large/mid cap fund and a focused portfolio fund.