Further details on the partnership will be shared upon completion and following all regulatory approvals, the firm says in an announcement.
ADM Capital is a private credit fund manager focused on providing flexible, tailored credit solutions to mid-market corporates and entrepreneurs across Asia Pacific. The firm integrates sustainability factors into its investment process to enhance risk management and create long-term value.
The move comes as Seviora expands and enhances its private credit offering across the region, including capturing further opportunities in the underbanked and underserved middle market.
“With the private credit landscape in Asia growing rapidly, Seviora has been actively seeking opportunities to invest in asset managers that add scale and expertise to our private credit franchise,” says Seviora CEO Jimmy Phoon.
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“While the partnership remains subject to regulatory approvals and other business conditions, we are pleased that it is progressing well and are hopeful for a successful partnership completion within the fourth quarter of this year,” he adds.
