The joint-venture's new private credit fund aims to mitigate rising default risk in China by getting closely involved in the financial management of the SMEs it is financing.
The regulatory environment for hedge funds in Singapore is described as “volatile rather than accommodating” with a lot of people looking at alternative financial centres.
Gen2 Partners founders Paul Heffner and Barry Lau have rebranded the company as Adamas, putting a greater focus on private equity and seeding hedge fund managers.