About

PrimePartners Group

About PrimePartners Group

 

PPG was set up in 1994 by former Morgan Grenfell senior executives. PPG first established PrimeEast Capital together with ECICS and The Bank of East Asia Limited for the purpose of building an investment banking business in South East Asia and Hong Kong.

In 1997, PPG entered into a joint venture with Banque Nationale de Paris (BNP) to build BNP’s investment banking business in Asia ex-Japan, This joint venture acquired various securities entities including Peregrine’s stockbroking and corporate finance operations in Hong Kong and Greater China which created BNP Prime Peregrine. When PPG sold its interest in BNP Prime Peregrine in late 1999, the organization had grown into a major investment banking and stockbroking group in Asia employing over 600 people.

In 2003, PPG formed PrimePartners Corporate Finance (PPCF) and commenced its corporate finance business in Singapore after obtaining its Capital Markets Services licence from the Monetary Authority of Singapore. Based in Singapore, PPCF undertakes advisory and capital-raising projects covering South-East Asia and Greater China. Since inception, PPCF has completed over 50 listings and over 100 advisory engagements. In February 2008, PPCF was approved as one of the pioneer batch of 7 Full Sponsors for Catalist, the listing platform of the Singapore Exchange for growth companies.

PPG’s asset management business established its first closed-end private equity fund in 1995. This line of business continues today. In 2014, this business (PrimePartners Asset Management)  merged with Aris GSK, a Swiss-based asset manager, to form ArisPrime Asset Management Pte Ltd (APAM).  APAM is licensed by the Monetary Authority of Singapore (MAS) to carry out fund management activities. In 2015, APAM issued its third PE fund, Asia Merchant Capital III. On a broader scale, APAM has investment advisory and investment management capabilities, and has recently developed a family office platform, offering a holistic suite of family governance and business succession solutions to clients with succession and legacy goals. As at end-2015, APAM has S$300m in assets under management, and this is set to grow as it continues to meet the investment needs of clients.