On March 1 2021, the internationally renowned private debt industry magazine PDI (Private Debt Investor) officially announced the winners of the 2020 Annual Awards. Huatai Financial bagged “Deal of the Year” and “Real Estate Debt Fund Manager of the Year” in Asia-Pacific Area, which totally broke the long-term monopoly of international investment institutions to win this award.
Deal of the Year
The Hong Kong-based subsidiary of Huatai Securities invested $320 million in a combination of quasi-equity and structured debt to finance the acquisition of a pre-IPO minority equity stake in a prominent property management company wholly owned by China’s largest property developer; the total acquisition consideration was $510 million. The deal was done in just two weeks from inception to financial close. Huatai’s structured finance and principal investment team, established in 2014, works with corporates and private equity sponsors targeting the mid-market across Asia-Pacific.
Real Estate Debt Fund Manager of the Year
By November 2020, Huatai had invested $500 million during the year across nine deals – all of them real estate-related. Among these deals was a $320 million structured acquisition financing for the pre-IPO of a real estate management business. Over the past six years, it has deployed more than $1.4 billion of risk capital, with real estate accounting for 65 percent of that total.