A Strategic Partnership
Liquidity and Recovery Solutions for APAC Private Markets
Delivering liquidity and capital solutions for stranded Asia Pacific investments through restructuring, enforcement and active asset management.
In partnership
Partnership
Decades of workout experience
A joint venture integrating two of Asia's leading special situations and restructuring specialists. ADM Capital's regulated entity manages investor capital and provides institutional reporting, while Trident takes control of the underlying assets and drives the outcome.
About the partnership →ADM Capital
Regulated asset manager
Hong Kong-headquartered private-credit specialist investing across developed and emerging APAC markets since 1998. Brings regulated fund-management status, capital relationships and special-situations underwriting.
Trident Capital Advisors
Control, restructuring & recovery
Independent, partner-led advisory firm specialising in interim management, restructuring, insolvency and cross-border asset recovery across Asia and the Caribbean.
Solutions
How we help investors and improve outcomes
Solutions that deliver near-term liquidity and alignment with Limited Partners without trading away upside through heavily discounted secondaries.
01
Financial Advisory
Full-service review, diligence, valuation and execution on existing investments to achieve near-term liquidity or other solutions.
02
Manager Supervision or Replacement
Retain the manager under independent oversight or, as a HK-licensed manager, ADM Capital replaces the manager and with Trident, assumes control.
03
CRO, Liquidation & Recovery
Where portfolio companies are acutely stressed, Trident steps in as CRO to stabilise, restructure and protect value.
Track record
Partner firm credentials
200+
Private Credit Loans Disbursed
ADM Capital
~US$6bn
Structured Loans Executed
ADM Capital
1998
Founded in Hong Kong
ADM Capital
$10bn+
Funds Advised; Restructured; Recovered
Trident
20+
Jurisdictions of Active Experience
Trident
100%
Partner-led Mandates
Trident
Case studies
Selected outcomes
Transaction case study • Project DH
Preserving value through enforcement
A US$58m senior secured loan funded a Chinese media group's acquisition of a renowned U.S. comic-IP publisher. When the borrower defaulted, ADM issued a Notice of Default, appointed receivers over 93.7% of shares and replaced both boards. A Lazard-run sale process with the original U.S. founders re-aligned enabled a clean 100% exit.
Transaction case study • End-of-life fund
Avoiding forced asset sales
An APAC PE fund had reached the end of its term. Three positions remained — one performing but illiquid, one stressed, one tied up in a dispute. A fire-sale would crystallise heavy losses for LPs. Evenflow Capital acquires and assumes management of the three positions under ADM's regulated vehicle, releasing the GP to close the fund and return capital on schedule. Trident drives restructuring and monetisation on each position independently.
Past performance is not indicative of future results. See Important Information.
Let's talk about your positions
Whether you need to release liquidity, close a fund or force an outcome on a stranded asset, Evenflow Capital can drive the recovery and deliver positive outcomes.