Hedge Fund Awards 2015 www.acquisition-intl.com 83 Corporate Profile Adamas Asset Management (HK) Limited is an award winning investment group that provides structured funding for growth enterprises in Greater China and developed markets across Asia. With Assets Under Management of approximately US$610 million, Adamas manages US$, RMB and JPY funds for insti- tutional investors, family offices and shareholders of Adamas Finance Asia Ltd, a company listed on the AIM market of the London Stock Exchange (ADAM.LN ). The Group’s award winning investment teams comprise over 40 professionals based in Hong Kong and Shanghai. They combine significant Chinese and Asian investment experi- ence with extensive global capital market exposure, deep industry knowledge and unique relationships with leading State Owned Enterprises (SOE’s), entrepreneurs, institutional investors and government bodies. Over the past four years, the Adamas teams have established a track record that has consistently delivered Gross Internal Rates of Return in the high twenties and more. The Group’s investment philosophy is underpinned by a strong focus on growth companies run by seasoned entrepreneurs who are prepared to provide robust collateral, cooperation on robust due diligence, and managerial or board participation, and who do not want to dilute their own equity positions. Against that backdrop, Adamas aspires to become recog- nised as the go-to house for structured private sector funding in Asia. The group is proud that Adamas Asset Management was recognised as Asia – Alternative Asset Management Firm of The Year in the ACQ5 Global Awards 2014, and The ethos of Merricks Capital is to provide absolute returns by making investment only in areas where they have an informa- tional edge driven by fundamental research and analysis. Despite being founded in 2007, it only took one year for our company to deliver consistent returns. Since 2008, both of our core strategies - long/short equity and soft commodities - have had positive returns in all years and under all market conditions. This continued success can be attributed to our investment strategy. We focus on relative value investment opportunities along the food supply chain, favouring long commodities/ geographies that Merricks believes are in scarce supply, and shorting commodities/geographies which Merricks believes are in excess supply. It’s a strategy that seeks to take advantage of situations where specific supply and demand imbalances create both long and short opportunities in agricultural commodity markets. This environment allows investors to gain exposure to soft commodities such as grains, oilseeds, vegetable oils, dairy, cotton and sugar. These soft commodities are something the Merricks team have had a long history in, which is why we can bring these years of specialised knowledge and experience to managing the fund. Our Capital Long Short Equity Fund focuses on investments in the 400 largest and most liquid industrial, materials, energy and food companies in the developed mar- kets of Asia. The fund is primarily used in Australia, Japan and Hong Kong. was “closely pipped” into second place as the runner-up to global giant KKR in the Private Debt Investor magazine’s Asia Lender of the Year in 2013, coming in ahead of third-placed Oaktree. Currently, the Adamas Japan Opportunity Fund (“JOF”) is nominated as a contender for the 2014 InvestHedge Awards: Asia Strategies – Five Year Category. JOF took first place in the ACQ5 Global Awards 2014 Asia Fund of Funds category, and was Winner of the 2013 International Hedge Fund Award: Japanese Multi Strategy Asset Manager of the Year. Adamas’s Fund I was also recognized as the 2013 Best Asia Mezzanine Fund of the Year by Acquisition International Magazine in conjunction with Preqin, a leading source of data and intelligence for the alternative asset industry. That award is based on votes from Preqin, Acquisition Interna- tional Magazine subscribers and the global hedge fund and private equity communities. In addition, Fund I was the only Asia fund among 11,000 funds to be ranked in 2013 as Category “A” by Skyrank, the most comprehensive hedge fund rating system in the industry. Adamas Asset Management Name: Aurora Chiang Email:
[email protected] Web: www.adamasam.com Address: 1801-03, 18F, Tai Yau Building, 181 Johnston Road, Wanchai, Hong Kong Telephone: +8523793 6200 Fax: +8522117 1410 Another essential aspect of our approach is that it is funda- mentally bottom up. The long/short market neutral with strict country and industry exposure limits allows investors to get exposure to the best/worst large companies in Asia, without taking on the Asian market exposure. Merricks Capital Pty Limited Name: Sasha-Lee Smith Email:
[email protected] Address: ABN 45 126 528 005 AFSL 319477 SEC Number 801-72326 Level 13, 644 Chapel Street South Yarra, Victoria 3141 Australia Tel: +61 3 8319 8111 Fax: +61 3 8319 8110 Best Alternative Asset Manager - China Best Soft Commodities Hedge Fund – Australia Adamas Asset Management Merricks Capital