The Partnership with First Degree Global Asset Management
Six Senses provides the specialist strategy and investor access. FDGAM provides the regulatory licence, compliance backbone, and fund management infrastructure.
Who They Are
First Degree Global Asset Management (FDGAM) is a Singapore-based asset manager holding a Capital Markets Services (CMS) Licence issued by the Monetary Authority of Singapore (MAS). This licence authorises them to manage collective investment schemes and carry out regulated fund management activities.
Why It Matters
In Singapore, any fund offered to accredited or institutional investors must be overseen by a licensed manager. By partnering with FDGAM, Six Senses Private Credit ensures that all investment activities are conducted under the supervision of a regulated, MAS-licensed manager, providing a framework of credibility, compliance, and investor protection.
How the Partnership Works
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Fund Structure:Six Senses Private Credit is established as a sub-fund of the First Degree Variable Capital Company (VCC).
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Management:
FDGAM acts as the fund manager of record, responsible for regulatory oversight and ensuring the fund complies with MAS standards.
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Distribution:
Six Senses Private Credit, as an appointed representative, focuses on product design, investor engagement, and developing innovative litigation-backed credit offerings.
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Operations & Governance:Independent third-party service providers (fund administrator, auditor, legal) work alongside FDGAM to ensure institutional governance.
Benefits to Investors
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Comfort that investments sit within a MAS-regulated structure.
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Independent oversight by a licensed asset manager with established infrastructure.
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Confidence that all fund operations – from compliance to reporting – meet regulatory standards.