Speaker > Biography
Biography of Joseph W. Ferrigno III
Joseph Ferrigno is the Founder and Managing Partner of the Asia Mezzanine Capital Group, an independent specialist mezzanine capital direct investment fund management firm based in Hong Kong, which was established in 2003. He is also a member of the advisory board of MIR Investment Management based in Sydney and is a director of the Manila North Tollways Corporation, a part of the Lopez Group
Ferrigno has been a pioneer in the investment management and banking businesses in the Asia region since his arrival in Hong Kong in 1984. He has been involved principally with private equity and mezzanine direct investment fund management and with the development and financing of infrastructure, energy, telecom and Internet businesses. He has served in Hong Kong with Lehman Brothers, the Bechtel Group and Prudential Financial of the United States and with the Chase Manhattan Bank and Bankers Trust Company in New York and London.
In 1996, Ferrigno led the launch of the first mezzanine capital fund in Asia, the US$246 million Asian Infrastructure Mezzanine Capital Fund sponsored by Prudential Financial in which the Asian Development Bank is a Core Investor. He was Chairman of its Investment Committee until March 2002. In 1990, he initiated the establishment of the US$780 million Asian Infrastructure Fund, the first of its kind, which was sponsored by Peregrine Capital, the Asian Development Bank, the International Finance Corporate, Frank Russell & Co. and the Soros Group.
Ferrigno is a graduate of the Wharton School and is the Founding President of the Wharton Club of Hong Kong. He is a member of the Hong Kong Forum (associated with the Council on Foreign Relations in New York), the Hong Kong Club, the Royal Hong Kong Yacht Club and the New York Yacht Club.
Asia Mezzanine Capital Group
The Group and its constituents invest in the strategic development – major expansions, mergers and acquisitions, restructurings, recapitalizations, privatizations and buyouts – of promising medium-sized companies operating throughout Asia. It partners with investee companies, their advisers and private equity fund managers by providing "Balanced Mezzanine Capital", which is structured to have an appropriate balance of debt and equity components and makes investments of between US$10 million to US$100+ million.
AMCG serves as a specialist fiduciary for its more risk-averse and income-oriented institutional investor clients that have increasing needs for alternative asset investment management services and which want to benefit from the expected higher growth and positive structural changes underway in Asia but with prudent levels of risk exposure. The Group is a cash flow and credit-oriented investment manager, which aims to achieve a combination of current income and capital appreciation for its investor clients by protecting capital while being positioned to generate both current and overall returns that are highly attractive on a risk-adjusted basis.