ASEAN China – The ASEAN China Investment Fund L.P. had its final close in 2005. The Fund focuses its operations in the ASEAN-China Growth Corridor, comprising the 10 member-states of ASEAN and the People’s Republic of China. The Fund targets 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. A follow-on fund, the ASEAN China Investment Fund L.P. II had its final close in 2010. This fund will be substantially investing in the same geographies as Fund I.
Fund of Funds
Europe– The Hermes UOB European Private Equity Fund had its final close in 2000. The Fund is invested in a diversified portfolio of European private equity 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.
The HUH U.S. Real Estate Income Fund raised US$300 million for investment in US core plus assets. The Fund assembeled a portfolio of assets that provides stable, distributable current income over the life of the fund. Additional returns may be generated through improving NOI and disposing of assets with cap rate compression. The strategy employs moderate leverage of not more than 50% and is targeted to produce Net Investor IRR of 7-10%.The Fund’s investment strategy is to acquire inefficiently priced, well located and well leased properties in the United States, with primary focus on the Eastern US. Long term leases and a focus on credit tenants will produce stable cash from the operations. The Funds portfolio consists of about 80% Grocery Anchored Retail and 20% Industrial assets.
UOB Eagle Rock Multi-Family Property Fund L.P. is a Delaware Limited Partnership. The Fund raised about US$ 136 million which was deployed in a portfolio of stable, income producing multifamily apartment communities in generating current income for regular distribution, targeting stable and robust equity returns of 13- 18% net IRR.The Fund’s emphasis will 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.
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.
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 marketed by UOBGC affiliates include a series of single strategy long/short funds including a large/mid cap fund and a focused portfolio fund. In addition, a short duration credit opportunities fund and a multi-strategy fund are available.
IRISH UCITS PLATFORM
UOBGC, through its wholly-owned subsidiary, UOB Global Capital (Dublin) Ltd manages an Irish based Family of Funds. The UOB Global Strategies Funds PLC is an open ended umbrella type investment company with variable capital incorporated with limited liability under the laws of Ireland. Within this UCITS structure there are funds focused on Greater China Equities, U.S. Equities, US All Cap stocks and Global Equities and Renminbi Bonds. These funds are available to non-U.S. institutional investors and are registered in various jurisdictions including Switzerland, Germany, France, Italy, the Netherlands and the U.K.
More information for non-U.S. residents can be found at www.uobglobalfunds.com
For Swiss and German investors more information can be found at www.fundinfo.com