ASF Capital establishes funds management business

19 July 2013

News

Thomsons has assisted ASF Capital Pty Ltd establish a funds management business, including the formation of the ASF Capital Investment Fund.

The Fund is seeking to raise AU$100 million from high net worth clients applying for residency in Australia under the Significant Investor (188) Visa (SIV).

The Fund will seek to invest in infrastructure projects, which are within the Federal Government requirements for investments by SIV-compliant funds.

ASF Capital Pty Ltd is an investment manager focussing on property and infrastructure investments within Australia.

The company is a wholly owned subsidiary of ASF Group Limited (ASX: AFA), a driving force in strategic investment between China and Australia.