The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Samty Holdings
Samty Holdings, a Japanese accommodation developer and hotel operator, has held the final closing of its first hotel-focused private real estate fund. 

The fund’s closing happened after Samty was taken private by Hillhouse Investment Management in January this year. Daiwa Securities Group is continuing as a shareholder, together with Rava Partners, the real estate investment arm of Hillhouse.

The fund has secured capital commitments from a number of domestic investors, although Samty did not disclose the investors’ identities.

The fund's asset portfolio consists of 10 hotels with a total of 1,530 rooms located in major cities in western Japan, including Tokyo.

The fund will be managed under a joint general partner system with EastGate Group, which is one of Japan's largest integrated real estate management companies with assets under management of more than ÂĄ700 billion ($44.72 billion).

"Real estate investment by both domestic and overseas institutional investors remains robust. In today’s investment climate, Samty’s establishment of a private real estate fund focused on hotels marks an important step that symbolises the transformation of its business model – a development we view as highly significant,” Daiwa Securities Group president and CEO Akihiko Ogino, said.

FCP
Credit manager Flow Capital Partners, which is based in Hong Kong, has launched a new fund with a broader Asia focus.

FCP has raised $125 million for its new Asia credit master fund, seeking to expand beyond Hong Kong and China to other parts of Asia. Flow Credit Master Fund is a semi-liquid, evergreen strategy designed to capture opportunities across private and public credit markets in Asia-Pacific. 

The firm also announced two senior appointments for the “next chapter” of its business: Jacky Tian, from Oaktree Capital Management as chief investment officer, and Stephen Y from Nexus Capital as chief operating officer.

“We are proud to announce the relaunch of Flow Capital Partners, marking our strategic evolution into a hybrid credit investment platform with a core focus on Asian private and public credit opportunities across the capital structure,” the firm announced on its Linkedin page. 
 
FCP was founded in 2019, operating as a credit solutions provider in Asia. As of December 2024, FCP deployed more than $1.1 billion in capital into 20 investments, including 18 fully realised deals.
 
A Bloomberg report on 28 July, citing unnamed sources, said that FCP is now looking at sectors such as renewable energy.