Harvest Alternative Investments Launches Structured Credit Fund

Jun 13 2012 | 7:00am ET

Hong Kong-based Harvest Alternative Investments Group has created a structured credit management fund to focus on investing in high yielding, cash flow generative investments across Asia.

The investment team for the new vehicle, Harvest Northstone Capital, is led by managing partner, Gregory Park, who was formerly the head of securitized products Asia for Deutsche Bank. He is joined by partner Chris Werner who was previously Standard Chartered Bank's regional head for Northeast Asia consumer banking. Additional partners include Carol Lee, a private equity veteran who was formerly with JP Morgan, Merrill Lynch and Henderson Global Investors in Asia, and Tor Trivers, an asset-based lending professional who joins from Natixis.

Harvest Northstone Capital will focus on high yielding asset backed mezzanine investments supported by Asian consumer, SME and corporate assets. Investments will generally be privately sourced and structured.

“Asia Pacific has the fastest growing number of middle class consumers in the world. Consumer spending in Asian markets is expected to triple to almost US$15 trillion by 2020 representing more than 40% of global spending. With rising incomes and consumption patterns, consumers’ and businesses’ borrowing will accelerate strongly and generate prime asset collateral pools,” explained Werner. “Harvest Northstone Capital is well positioned to take advantage of this growth trend.”

“We are excited about adding unique capabilities in the Asian credit space which we feel has been underrepresented by the asset management community,” said Lindsay Wright, CEO of Harvest Alternative Investment Group.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…