Hong Kong company launches US$400m mortgage fund

Tue, 13 Apr 2021

Hong Kong-based Sun Hung Kai & Co has launched a new mortgage fund to invest in high-quality mortgage loans in Australia, New Zealand, Greater China, South Korea and Southeast Asia.The fund aims to raise up to US$300 million (NZ$426.6m) to add to the US$100m it will contribute.The company said it will also consider markets including Britain and selective European markets "on an opportunistic basis".The fund will be managed by its Australian subsidiary Multiple Capital Investment Partners, led by Singapore-based Rai Katimansah and...

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