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 21 listings and over 60 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 and managed up to US$300 million in private equity funds of which US$45 million remain under management. Since 2005, PrimePartners Asset Management (PPAM) started transitioning from traditional private equity investing to one focusing on corporate finance/event-driven transactions. It currently manages about US$30 million of such funds under its investment vehicle, Asia Merchant Capital, which was established in April 2007 and expanded its net asset value by approximately 60% as at 31 March 2009.