9 April 2012 – Everbright and the Government of Shanghai Minhang District have signed an agreement for strategic cooperation relating to the “Everbright Mezzanine Fund.”

 

Everbright has been preparing for the launch of the Mezzanine Fund for nearly six months and has now entered the final stage. The fund will serve as a key asset management and investment tool for mature overseas markets and will supplement Everbright’s traditional equity investments by offering clients more options for participating in structured financing and investment opportunities. The Mezzanine Fund will be set up in the Shanghai Minhang District which enjoys both geographic and cultural advantages and offers a sound economic environment for corporate development. The fund is expected to tap these advantages and collaborate with the District Government to initiate fundraising and project investments. 

 

In recent years, Everbright has been aggressive in taking forward its “3+2 Macro Asset Management” strategy and has actively expanded its cross-border investments in both primary and secondary markets and its structured financing and investment businesses. At the end of 2011, Everbright already had 12 funds which together had raised HK$16.8 billion. These funds have invested in over 40 projects, many of which have been listed in various markets. 
 

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