Asia gets a new alternative fund for financing trade deals
Eurofin establishes a fund to invest in asset backed and structured trade finance transactions.
Eurofin, a boutique merchant finance company based in Singapore, is launching a fund giving exposure to structured trade-finance products. Christian Stauffer, managing director, says this is the first fund of its kind introduced in Asia.
Stauffer, former deputy group treasurer at Noble Group, founded Eurofin three years ago.
The trade finance fund launches in May with an initially modest target of raising $15 million in seed money, but Stauffer envisages the fund growing to as much as $100 million over...
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