Senturia Capital launches RM500m investment funds

PETALING JAYA: Private equity fund manager Senturia Capital Sdn Bhd has launched RM500 million in real estate investment and strategic capital funds, specifically targeting investment opportunities in Malaysia, Singapore, China and Australia.

In a statement yesterday, the firm said its RM200 million real estate investment fund follows core, core-plus, value-added, or opportunistic strategies when making real estate investments, although most of its real estate investment fund will be in core or core-plus real estates.

“We believe that core real estate should be the bedrock of a diversified portfolio. Core investments are almost as safe as bonds, but with much higher returns. Unlike the stock market, core investments hold up extremely well in business cycle downturns,” its managing partner Datuk Marco Yap said.

Meanwhile, the firm said its strategic capital fund is raising RM300 million to provide flexible, medium-term alternative capital to operationally-sound businesses across a wide range of sectors.

As the supply of available capital is constrained by changes and conditions in the financial market, traditional banking institutions have shied away from lending to certain areas of the credit market, Yap said.

Thus, he said, alternative capital providers have entered the market to offer private capital to companies where funding sources are limited or unavailable.

However, he said the firm’s targeted investees will mostly be private companies seeking alternative funding to grow but are unable to access traditional sources of capital.