9Basil

9Basil Managing Partner Kris Panijpan recently spoke to DealStreetAsia to share perspectives on the Private Equity and Credit landscape in Thailand, our opinion on the Southeast Asian PE market, and PE exits in this current climate.

To read our insights and access the full article:
https://www.dealstreetasia.com/stories/9basil-ph-indonesia-vietnam-410914

Thai PE firm 9Basil expands investment horizon to Philippines, Indonesia, Vietnam It has already invested in Sourcefit, a Filipino BPO provider.

We are excited to announce 9Basil Group has completed the final close of our second flagship private equity fund. The firm’s assets under management now sits at above US$300 million.

9Basil Private Equity is industry agnostic and looks for proven businesses in Southeast Asia with a strong moat and cash flow that are looking for a strategic capital partner. The firm will further invest in its ability to support portfolio companies through new hires and strategic assets it develops or acquires. The Group views itself as a partner to its portfolio companies, brought in to assist with private and public sector initiatives and capital markets.

We greatly appreciate all of the support from our Limited Partners and community.

To read more about the Fund closing:

9-basil.com

9Basil Group recently held our first AGM for our private equity funds, attended by our investors, portfolio company management, partners, and extended team. We wish we started hosting them earlier as it was such an enjoyable experience in a very warm family-like environment. We are incredibly blessed to have built such a supportive community since we began investing.

We greatly appreciate the support, especially since it requires deep trust and a long-term view to be part of the 9Basil Group community. As a strategic partner with a disciplined approach to value investing in the private market, 9Basil requires a patient temperament that often takes multi-year intervals to see results materialize. With this trust, we not only managed to spend substantial effort in supporting our portfolio companies, but also heavily invested in ourselves to become who we are today. We have been able to develop tremendous capabilities to assist businesses in the private and public sector, and capital markets. Fortunately, our efforts have paid off and we have built a much stronger team to support our portfolio companies – which have accomplished record performances in 2023, most of them tripling in size since 2019. We thank all of our stakeholders for their immeasurable support and trust. We wouldn’t be here without you.

As long-term investors with high conviction in our investments, we are looking to increasingly participate in our own funds alongside investors, and eventually build a larger permanent capital base that may also see participation from a different composition of investors / partners moving forward.

If any businesses are interested in us as a partner, we are actively looking for more investment opportunities. On the private equity side, we are looking for profitable businesses with intact talented management and a strong moat. On the private credit side, we provide non-dilutive loans through our partners, AlteriQ Global. We have budgeted over US$100m to invest this year, and have co-investment partners for larger capital requirements.

Please reach out to [email protected] if you’re interested in us as your partner, or in potentially being a part of the 9Basil Group community.

We are pleased to announce 9Basil Group’s acquisition of AlteriQ Global, a boutique Asia-Pacific private credit platform providing bespoke debt financing solutions for small-to-mid-sized enterprises in the region. As part of the transaction, 9Basil will be providing AlteriQ with a US$50 million capital commitment.

The transaction allows 9Basil Group to expand its investment capabilities by adding AlteriQ’s specialised private credit strategies during an opportune time as traditional sources of financing pull back lending amid tighter regulatory requirements and volatile capital markets.

To read more about the acquisition:https://9-basil.com/9Basil_Group_Acquires_AlteriQ_Global.pdf

9-basil.com

https://www.businesstimes.com.sg/garage/new-fund-by-thai-multi-family-office-to-invest-us120m-in-south-east-asia

New fund by Thai multi-family office to invest US$120m in South-east Asia BLUEPRINT Forest (BPF), a Bangkok-based multi-family office, is injecting US$120 million into a new fund, 9 Basil, that will invest in South-east Asian enterprises and distressed assets. Read more at The Business Times.