CLSA Capital Partners Announces Closing of Its Second Asia Secured Private Debt Fund

CLSA Capital Partners, the alternative investment management platform of CLSA, has announced the closing of Lending Ark Asia Secured Private Debt Fund II L.P. and a co-investment vehicle (collectively “Lending Ark”) with an aggregate commitment of US$500 million.

The fund is managed by Lending Ark Asia Secured Private Debt Holdings Limited, a joint venture between Gregory Park and Carol Lee Park (collectively the “Lending Ark Principals”), and CLSA Capital Partners.

The fund invests in high-quality, secured private debt opportunities across the Asia-Pacific region, consisting of privately-negotiated, three-to-five-year maturity secured private debt financing, senior/mezzanine tranches of asset-backed securities, and bank-collateralized loan obligations.

“We are grateful for the continued opportunity to provide uncorrelated, high quarterly USD income returns to our forethoughtful investors,”Gregory Park, Lending Ark Fund Head and Chairman of the Investment Committee said.

”Lending Ark’s unique, asset-backed product acumen and proprietary regional issuer relationships allow the fund to operate efficiently and judiciously through these unprecedented times of COVID-restricted travel and heightened credit risk,”Gregory Park added.

Established in 1995, CLSA Capital Partners manages a diversified range of strategies including private equity, real estate, credit and transportation and real assets. Together with the Fund, CLSA Capital Partners manages over US$1.1 billion including target allocations from separately managed accounts.