Hong Kong — 16 September 2026
Pacific Aegis Capital Management (“PACM”) today announced the successful closing of its first back-leverage financing facility with a financial institution in Hong Kong.
The facility has been arranged against PACM’s existing senior secured, asset-backed loan exposure to a premium residential development in Hong Kong, and has been structured to enhance deal economics for PACM’s investors, while providing incremental funding flexibility on the underlying transaction.
The closing underscores PACM’s ability to work with institutional financing partners in support of its existing private credit activities, consistent with the firm’s focus on disciplined execution and risk oversight in delivering risk-adjusted returns to stakeholders.
“Closing this facility with a financial institution lets us improve investor outcomes on a quality Hong Kong residential development without changing the underlying senior credit. That is a different tool from an NPL purchase, and it shows we can take a project from origination through institutional financing,” said Biff Cheng, Co-Head of Credit Solutions Group at PACM.
The financing was completed in Hong Kong. Ashurst acted as legal counsel to PACM on the transaction, led by partner Daniel Lau.
About Pacific Aegis Capital Management
Pacific Aegis Capital Management is a Hong Kong-based real estate private credit investment manager specialising in distressed investments and special situations. The firm invests across developed markets and structures acquisition financing, bridge and short-term financing, development financing, asset-backed financing, NPL acquisition and related credit strategies.
Remarks
The above information is provided for general information purposes only and does not constitute an offer, solicitation, or recommendation to acquire any investment products or to engage in any investment activities.