Sanne Appointed Fund and Transaction Administrator for World’s First Public Bond Issuance backed by Private Equity

Sanne Group Singapore has been appointed as Fund and Transaction Administrator for a new retail private equity bond issued by Astrea IV Pte Ltd.

The successful launch of Astrea IV marked the first time that a bond backed by cash flows from a diversified portfolio of quality private equity fund investments was made available to retail investors.

Moreover, the deal will see Sanne working closely with the arranger of the deal, Azalea Asset Management Pte Ltd.

Sanne’s Chief Commercial Officer, Martin Schnaier, commented on this achievement: "Our appointment reinforces our capability in the Asia Pacific region, where our offering has grown from strength to strength since launching just a few years ago. I am delighted with the efforts of the local team in Singapore, led by Valerie Mantot and under the regional leadership of Mark Law, Managing Director of alternative Assets in APAC." 

Mark Law added: "With local experts in Singapore, Hong Kong and Shanghai, Sanne is experiencing an exciting period of growth and development within the region, and we are thrilled to be able to demonstrate our commitment to the region and excellent service offering through this new opportunity."