Asiasons Capital Group is an Alternative Asset Investment and Management Group focused on opportunities in South East Asia. The Group is listed on the Main Board of the Stock Exchange of Singapore and has a market capitalization of about SGD$930m as at May 2013.
Asiasons’ main investment activities are conducted through Dragonrider Opportunity Fund I and II via Asiasons Private Equity, the fund management unit of the Group. Fund I has a total fund size of US$100 million and currently records an IRR for the portfolio of 38% per annum, approximately 2.3 times of its initial cost of capital. Fund II targets a fund size of US$250m and is currently in the midst of its fund raising and has just completed a first close in end march 2012.
The investment strategy of Asiasons is geographically focused in South East Asia, while the sector focus is in Consumer and Resources. This strategy has been formulated based on the demographics trends in South East Asia namely increased consumer spending and urban migration in one of the most populous and youngest populations in the world.
Asiasons has a hands-on value creation proposition comprising not just expertise in Financial Structuring and Operational Enhancements but also has an in-house multi award winning team specializing in Branding, Design and New Economy strategies. These value added competencies together with the group’s regional footprint allows Asiasons to successfully expand its portfolio companies throughout the Asian region.
Asiasons’ investment activities are further complemented by its financial advisory and capital markets arm led by its subsidiary, Asiasons WFG Financial Ltd, a listed financial advisory house licensed by the Monetary Authority of Singapore which has been consistently ranked as one of the top boutique IPO managers in the region.
Some of the more high portfolio companies include Chaswood Resources , the region’s largest casual dining operators (operating T.G.I. Friday’s, Watami, Bulgogi Brothers, Paradise Dynasty and its 7 other developed brands) which is listed on SGX, the largest bereavement care operator in Asia operating under its brand name, Nirvana . Liongold, the largest listed Gold mining company in Singapore and most recently EMS Holdings (world’s leading exhibition company) and Hi-5, a popular multiple award-winning children programme.