Dubai, 19th October, 2015

Alpen Asset Advisors Limited acquires Alchemy's Cayman and Mauritius Fixed Income fund platforms

Alpen Asset Advisors Limited, an independent financial advisory and asset management company incorporated in the Dubai International Financial Centre (DIFC) announced the acquisition of regulated Cayman Islands and Mauritius based fund companies from Alchemy Investment Management PTE, LTD, Singapore.

This acquisition will enable Alpen Asset Advisors Limited to provide to its clients, a regulated and actively managed multi asset class fund platform providing bespoke solutions to enhance returns across asset classes. The scope of investments range from bonds, equities, structured products, etc. with the ability to enhance returns with the use of leverage sourced from Global Counterparties.

Alpen Asset Advisors Limited will be the investment manager to the fund companies, Alpen Asset Advisors SPC (formerly Alchemy Cayman SPC), regulated by Cayman Islands Monetary Authority, Cayman Islands and India CB Fund Limited, regulated by Financial Services Commission, Mauritius. Alpen Asset Advisors Limited is already the investment manager of AAA (Cayman) SPC, a close ended fund.

“I am very pleased to announce the acquisition of the fund companies from Alchemy which support our vision for growth. In a short span of two years, Alpen Asset Advisors Limited has created a niche for itself and effectively serviced ultra-high net worth individuals and institutions providing a range of investment opportunities. This acquisition has enabled Alpen Asset Advisors Limited to significantly expand its assets under management and partner with best in class service providers to broaden and diversify its scope of fund offerings”, says Rohit

Walia, Executive Chairman, Alpen Asset Advisors Limited

Alpen Asset Advisors Limited is an independent financial advisory and asset management company which uses an open architecture model offering a broad spectrum of investment opportunities in order to ensure an optimum and cost effective asset allocation for clients. In addition to the standard offering, it specialises in arranging for leverage on equity/debt portfolios to enhance yield. Its asset management capabilities include creating segregated Fund Vehicles tailored to client's investment needs.

Alpen Asset Advisors Limited, is an associate of the Investment banking advisory firm, Alpen Capital which has an extensive presence in the GCC and India. Over the last decade, Alpen Capital has worked with some of the largest business conglomerates and families and promoted cross border opportunities focusing on the GCC-India corridor.

Alchemy Investment Management Pte Ltd, Singapore (Alchemy Singapore) is a subsidiary of Alchemy Capital Management Pvt Ltd, a leading Portfolio Management Service provider in India. Alchemy Singapore holds a Capital Market Services license issued by the Monetary Authority of Singapore (MAS) to carry out Fund management activity for Accredited / Institutional Investors.

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