Ader Asset Management Company
ADER Asset Management Ltd. (“Ader”) is one of the leading portfolio management service providers for institutional and corporate investors non-performing loans and non performing/distressed assets (“NPL”) in China.
ADER is nationally and internationally recognized for its expertise and experience with NPL portfolio management in China. Having participated in NPL portfolio management and disposition since these assets were first made available for sale, Ader’s professionals have established strategic business relationships with every major participant in and have experience in every facet of the NPL market. Ader’s comprehensive local and international expertise enables Ader to deliver the investment management resources and experience necessary for the disposition and effective resolution of NPL.
Ader’s principals have played key roles in numerous NPL transactions with original principal balances in excess of USD $11 billion, including China’s first sale of a NPL portfolio to a non-Chinese investor which was fully worked out with all proceeds repatriated to the foreign investor. Ader’s principals have actively participated in NPL transactions by providing deal sourcing, buy side and sell side due diligence, general transaction advice, and post acquisition asset management and portfolio servicing. Ader and Ader’s principals have worked closely with leading investment banks, funds and professional firms, such as: Citigroup, Bank of America, Cargill, Ernst &Young and PricewaterhouseCoopers.
Ader Offers the Following Services:
Asset Disposal and Purchase
Data Room Management—design computerized databases and templates to facilitate data input, access and analysis.
Divesture Strategies—classify, stratify and package assets with similar or complementary characteristics and formulate divestiture strategies.
Documentation—prepare relevant documents.
Due Diligence—review, analyze and summarize detailed asset information on behalf of vendors assist in disposal activities and enhance recoverability of assets.
Investor Sourcing—identify potential investors for competitive tenders or negotiated deals; target investors for specific sub portfolios or tranches.
Project Management—undertake extensive transaction planning and process coordination, including management of other third party service providers such as lawyers and asset appraisers for both sellers and investors.
Seller Sourcing—identify potential sellers who are interested in participating in tranche sales, individual or selected loans and target niche areas for individual investors.
Valuation—develop a probable range of asset values based on asset-specific characteristics in the context of outside economic and other market factors.
Corporate Restructuring and Recovery Strategies
Business Operation’s Review—provide overview of corporate structure, current issues, competitor/customer analysis and share price analysis (if listed).
Business Plan—develop and implement a turnaround business plan, including initial diagnostic review, competitive analysis of business proposition, action plan development and financial diagnostic forecasts.
Crisis Management—evaluate cash position, forecast short-term cash flow, develop cash management systems and implement reporting systems and human resource requirements.
Financial Restructuring—assess current business operations, fund raising alternatives and suitability of financial instruments available for reorganization. Negotiate with relevant stakeholder groups.
Leadership—review management team, corporate organization structure and recommend staffing changes.
Rebuild Stakeholder Support—identify and categorize financial, commercial and operational stakeholders, analyze stakeholders priorities, establish communications and manage stakeholders expectations.
Asset Management
Establishment and maintenance of ongoing communication with borrowers, agents and trustees compute, collect and process payments (i.e. principle, interest, dividends, distributions, etc.) due to clients and maintain updated asset information. Liaison with affiliated counsel or retained outside counsel to oversee and manage litigation related to assets under management.