Seviora Holdings to acquire minority stake in ADM Capital

The two firms will leverage ADM Capital’s established sustainability-focused investment strategy.

Seviora Holdings and ADM Capital have reached an agreement to form a strategic partnership, with Seviora set to acquire a minority stake in ADM Capital. 

The partnership aligns with Seviora's strategy to expand its private credit portfolio and tap into new opportunities within the underbanked and underserved middle market. 

The two firms will leverage ADM Capital’s established sustainability-focused investment strategy, further broadening their private credit product offerings.

“With the private credit landscape in Asia growing rapidly, Seviora has been actively seeking opportunities to invest in asset managers that add scale and expertise to our private credit franchise,” said Jimmy Phoon, CEO of Seviora Holdings.

“Whilst the partnership remains subject to regulatory approvals and other business conditions, we are pleased that it is progressing well, and are hopeful for a successful partnership completion within the fourth quarter of this year,” he added.

ADM Capital will join Seviora’s robust institutional platform, which includes leading asset managers specializing in active and alternative strategies within Asia Pacific.

“The Asia Pacific region represents a significant portion of global GDP and incremental growth, yet only a small fraction of global private credit assets are based here,” said Christopher Botsford, founding partner of ADM Capital. “This partnership will enhance access to private credit opportunities for both our clients and Seviora’s.”