Somers Limited, has acquired a strategic minority stake in Singapore headquartered, alternative investment and wealth management platform Aura Group.
Aura Group partners with Helicap Investments
Helicap utilizes proprietary credit analysis technology to assess and have an in-depth understanding of the alternative lending sector.
Helicap Investments, a Registered Fund Management Company in Singapore, has appointed Aura Group as Sub-Manager to a fund that it manages. Aura Group is a Registered Fund Management Company in Singapore.
HIPL utilizes the proprietary credit analysis technology of its parent company, Helicap Pte Ltd (“Helicap”), to assess and have an in-depth understanding of the alternative lending sector. The alternative lending sector provides a low correlation to other traditional asset classes to investors and promotes access to sustainable debt financing for underbanked and unbanked borrowers in the region. Aura will draw on its expertise in the credit sector in both Singapore and Australia.
Charles Wong, Executive Director at Aura said, “Aura has been impressed with the risk management process and tech-enabled due diligence of HIPL. Combine these capabilities with Aura’s experience in Australia’s private debt space and our deep investor network and you have a strong partnership that will unlock significant synergies benefitting both investors and borrowers.”
“We are very excited about the appointment of Aura as Sub-Manager, and the alternative lending solutions that we will be able to jointly deliver to our investors,” said Quentin Vanoekel, CIO of HIPL. “With a US$500 billion credit gap, consumers and MSMEs in Southeast Asia and Australia region are eager for sustainable alternative lending solutions, which we are looking to provide”.
Helicap also earlier announced the launch of Helicap Institute, a thought leadership initiative intended to share the company’s deep expertise in the alternative lending industry with the wider public. The Institute will produce proprietary content relying on insights gleaned from its credit analysis models as well as integrate research produced by accredited sources. For its first content piece, Helicap Institute is profiling the top originators in the alternative lending space in Southeast Asia, Australia, and New Zealand in one publication, intended to be a primer for those looking to further explore investment opportunities within the region’s alternative lending space. The report will be available upon request.
Helicap is one of Asia’s fastest-growing FinTech-driven firms specializing in the alternative lending space in Southeast Asia and Australia. Our goal is to help fill a US$500 billion MSME credit gap by facilitating lending capital to over 300 million unbanked and underbanked people in the region.
Our subsidiary companies HIPL and Arcor Capital provide curated access to alternative debt investments for a wide network of investors including Family Offices, HNWs, Impact Funds, and Institutional Investors.
Helicap’s proprietary technology employs rigorous credit analytics and scoring model to analyze and assess millions of loan data points from origination platforms, thereby enabling our subsidiaries to deliver risk-adjusted returns to investors.
Helicap is based out of Singapore with subsidiaries licensed or registered by the Monetary Authority of Singapore. Our key investors include Credit Saison, East Ventures, and Soilbuild Group. For more information, please visit the Helicap website.
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