08 Sep

Galena Commodity Trade Finance Fund is now EFA Syndicated Commodity Trade Finance Fund

SINGAPORE, 8 September 2017 – EFA Group would like to announce that effective 15 August 2017, the Galena Commodity Trade Finance Fund has been renamed to EFA Syndicated Commodity Trade Finance Fund (“the Fund”).

Since EFA Group took over as investment manager in November 2016, the Fund has leveraged on EFA’s internal infrastructure, operational, credit and marketing capabilities to gain more traction within the investment community. The decision for the name change was taken to complete the transition and integration of the Fund into EFA Group’s range of private debt investment vehicles.

The Fund’s investment objectives, mandate and team remain unchanged.

The Fund has generated an annualized net return of 4.22% to its investors since inception by investing into a portfolio of commodity trade finance assets that are originated from international financial institutions.

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