PACM Successfully Completed Initial Fundraising for PACM OW Global Special Situation Fund II L.P.

PACM Group (“PACM” or “Pacific Aegis Capital Management Group”), an investment management firm specializing in real estate private credit and equity investment, is delighted to announce the successful completion of the initial round of fundraising for PACM OW Global Special Situation Fund II L.P. (the “Fund“).

The Fund has garnered significant interest from both existing and new investors on our first closing, with the fund size to be targeted at US$300 million to be fully fundraised by the end of the year. This overwhelming response exemplifies the confidence and recognition that investors have placed in PACM’s investment strategies and proven track record.

The Fund’s primary objective is to achieve long-term capital appreciation through various investment strategies, including asset-backed direct lending, non-performing debt acquisition, acquisition financing, stretch senior financing, project financing, bridge financing, and other debt related investment strategies. The fund will focus on developed markets with a legal framework based on common law, specifically targeting regions such as Australia, Canada, Hong Kong, Singapore, the United Kingdom, and the United States.

Mr. Francis Ng, Managing Director and Chief Investment Officer of PACM, expressed his gratitude to all investors, stating, “While the current market environment continues to post challenges on fundraising efforts to the industry, we are fortunate to have the continual support of our existing investors and at the same time able to attract new investors with our stellar track record. We firmly believe there are exceptional credit investment opportunities within the markets where PACM has established a solid presence since its inception in 2018. This Fund marks the launch of our second private credit fund, together with the two Real Estate Private Equity funds launched in 2023, making it the fourth fund launched within the PACM Group.

Throughout the period of property market adjustments, our team has consistently demonstrated the ability to identify and execute new deals while effectively managing market risks with adaptability and flexibility. We embrace both the opportunities and challenges presented by the current real estate landscape, and we are confident that the Fund under the PACM Group will continue carrying on our excellent investment track record.”

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