SYDNEY, AUSTRALIA: HMC Capital (ASX: HMC) has finalized the acquisition of 100% of StratCap for US$28.5 million in cash and shares.

This move aligns with HMC’s strategy to establish growth platforms in digital infrastructure, energy transition, and private credit. The transaction is expected to close in Q2 CY24, pending regulatory approvals.

HMC Capital, an ASX-listed diversified alternative asset manager, manages over $10 billion on behalf of institutional, high net worth, and retail investors.

Their experienced team focuses on real estate, private equity, energy transition, and digital infrastructure.

Their ability to execute large, complex transactions has driven rapid FUM (Funds Under Management) growth and generated significant returns for investors.

Looking ahead, they aim to grow their FUM to over $20 billion in the medium term.