Qbera Capital, a London based independent asset management firm following a private credit strategy has recently launched its first fund.
Qbera’s Trade Finance Fund, an open-ended Cayman master feeder fund, with a Delaware option for US investors has recently gone into subscription and initial investment has been secured.
The Trade Finance Fund will finance trade linked to real economy sectors (primarily: energy, metals, agricultural and renewables) across Emerging and Frontier Markets, with a focus on: Africa, the Indian sub-continent, the Middle East and South East Asia.
In addition to the typical credit assessment process, strong ESG considerations and analysis form a core part of Qbera’s investment criteria for asset selection.
Qbera’s Investment Team brings together over 150 years of debt finance experience and is led by Ali Shafqat (CEO and CIO), who will manage the portfolio alongside Oliver Howard (Investment Director).
Qbera was founded by Ali Shafqat in 2017, whose most recent role was the Head of Commodity and Structured Trade Finance – MENA for HSBC.
Oliver Howard, joined Qbera Capital in 2018 from Barclays Africa in Johannesburg, having worked across the Barclays Group for over 11 years, holding roles including Head of Africa - Leveraged Finance - Loan Origination and Co-Head of Africa Debt Finance.
Other key members of the Investment Team include: Amitji Odedra (Associate Director and Head of Investor Relations), who joined this year having formerly been part of the team at HSBC responsible for Portfolio Management & Distribution as well as Ricardo Martinez (Associate Director) who joined Qbera from HSBC, and will focus on energy, metals & renewables investments.
Earlier this month, Qbera appointed former Global Head of Corporate and Institutional Banking at HSBC, Charlie Laughton-Scott as Chairman.