Imprimis Capital Management Limited |
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In 2007, Imprimis began to execute its strategy to develop an investment management business focused on our core markets of South and Southeast Asia. All of these activities are conducted within our wholly owned subsidiary, Imprimis Capital Management Ltd ("ICML"). Our strategy is to build a suite of investment funds focused on our core markets, each with a particular investment theme or focus, and to make and hold principal investments for our own account.
The first step in executing our investment management strategy was our acquisition of the Asian Finance and Investment Corporation Ltd. ("AFIC") from Actis Assets Fund 2 L.P, along with a simultaneous purchase of investment assets from CDC Group plc that are now being managed by Imprimis. These transactions were completed in May, 2007.
In April 2008, Imprimis was appointed as the exclusive manager of the Imprimis Strategic Investment Corporation (NBD) Sdn Bhd (“ISIC”), a S$310 million investment company whose mandate is to facilitate the diversification and development of the Brunei economy.
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Principal investments |
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Imprimis Strategic Investment Corporation (ISIC) |
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Asian Finance and Investment Corporation (AFIC) |
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Imprimis Strategic Investment
Corporation (NBD) Sdn Bhd (ISIC) |
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ISIC is a limited liability investment company registered with the Brunei International Financial Centre (BIFC). ISIC is authorized to make and hold investments for a period of 12 years, starting in 2008. The initial period from 2008 to 2013 is the investment period. ISIC is a joint effort between the Ministry of Finance (MOF) of Brunei Darussalam and Imprimis to utilize privately managed capital to play a transforming role in the Brunei economy.
ISIC has a fully committed capital base of S$310 million (or approximately US$226 million) and is managed on an exclusive basis by Imprimis through its subsidiary, Imprimis (B) Sdn Bhd, a licensed investment adviser registered with the BIFC. As the manager of ISIC, Imprimis brings a network of regional and global contacts, clients and relationships to assist ISIC in achieving its investment objectives.
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Download ISIC brochure in PDF format (209 KB)
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| Asian Finance and Investment Corporation Ltd (AFIC) |
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AFIC was founded by the Asian Development Bank and 25 other premier private sector financial institutions in 1989 in order to undertake private sector investments across the developing markets of the Asia Pacific region. Over the years, AFIC has evolved into a manager of distressed credit and equity investments with an expertise in resolving and restructuring troubled single credit situations. Under ICML, AFIC will continue to focus on the profitable resolution of its existing portfolio, including the additional assets it has acquired from CDC Group plc.
At the time of its acquisition by ICML, AFIC managed assets with an original principal balance exceeding US$ 68 million located in 10 Asian countries.
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Locations of existing AFIC investments |
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