ATRAM Launches the Country’s First Corporate Debt Vehicle
ATRAM, the leading asset and wealth management firm, is thrilled to announce the launch of the ATRAM Unitized Corporate Debt Fund 1 (CDV Fund), marking a groundbreaking milestone in the country’s investment landscape. Following the recent approval from the Securities and Exchange Commission (SEC), ATRAM introduces the first-ever CDV fund in the Philippines, offering investors a unique opportunity to capitalize on the growing corporate debt market while benefiting from ATRAM’s expertise in credit analysis and risk management.
This landmark CDV fund, managed by the ATRAM Alternatives unit of ATR Asset Management, Inc., involved investing in the multi-million private notes of five esteemed companies from the real estate and finance sectors. Three of the companies are prominent real estate players excelling in their niche segments namely PHINMA Property Holdings Corporation, Batulao Bio-Loop Farms Inc., and Forest Lake Development Inc. The remaining two are Global Dominion Financing Inc. and South Asialink Finance Corporation, both leading players in the used car financing industry. Each of these debt papers are collateralized and backed by land or a pool of receivables, ensuring investor confidence and security. These companies bring their unique expertise and industry influence to the partnership, further highlighting the significance of this groundbreaking endeavor.
Corporate Debt Vehicles (CDV) are SEC-approved closed-end investment companies or mutual funds with the sole purpose of investing in various forms of corporate debt instruments, including bonds, notes, commercial papers, debentures, secured or unsecured loans. These investments are held to maturity, with a subscription to the fund available only during the initial public offering and redemption exclusively at the fund’s maturity.
“We are delighted to launch our Corporate Debt Vehicle following the SEC’s approval. This innovative investment vehicle opens new avenues for investors seeking attractive risk-adjusted returns while supporting the funding needs of medium to large companies. Our CDV Fund is designed to provide precisely that.” stated Ronald Benjamin C. Roa, Managing Director of ATRAM Alternatives.
Units of the CDV are held to maturity, offering investors stability and durable yields in a volatile market. Backed by extensive research and meticulously structured notes with collateral, the CDV Fund allows investors to diversify their assets and invest in portfolios of high-quality private debt that are not readily accessible in the bond market.
“We are committed to providing investors with a compelling investment opportunity that aligns with their financial goals and risk tolerance,” added Roa. “The launch of our CDV Fund marks an exciting milestone for ATRAM and the alternatives space in the Philippines.”
As ATRAM forges ahead with its first-ever CDV Fund and establishes historical partnerships with prominent companies, it solidifies its position as an industry leader and a catalyst for innovation in the Philippine investment landscape.