APAC / Issue 2 2018 5 NEWS , Ultimus Asia is a mul- ti-fund, industry and geographic platform with a fund size of $1 billion. Its funds are advised by teams of profes- sionals who live and work in mar- kets where they invest - across 6 countries and forming one of the largest emerging markets pres- ences in the industry. The fund aims to harness the last round of wealth in Asia by invest- ing in long term growth capital with a primary focus on the needs of the middle class in Asia. It has targeted 4 industries to invest in, namely agriculture, property, in- ternational trade and travel. Recently, Ultimus Asia an- nounced its investment into Bai Yu Feng Sandal Wood, an agri- cultural project based in Phnom Penh, Cambodia. Bai Yu Feng Sandal Wood is a grower, processor and producer of Indian sandalwood products, one of the world’s most valuable tropical hardwoods that is nearing extinction in the wild. The pro- ject is located in Phnom Penh, Cambodia and covers an area of 3,500 hectares. The plan is to grow 3 million sandalwood trees and build a world class sandal- wood eco-garden complete with tourism, leisure and health facili- ties. “This is an interesting project. Apart from the valuable sandal- wood oil, what attracts us is the concept behind this project. This is not entirely an agricultural pro- ject. With the completion of the sandalwood eco-garden in five years’ time, we will be looking at a world-class tourism attraction complete with world-class accom- modations and leisure facilities in a scenic setting,” Mr. Dan Logan, Chairman of Ultimus Asia said while addressing the press. “We are also honoured that Bai Yu Feng is supported by both the Cambodia Agriculture Ministry and China Academy of Science (Southern China Botanical Gar- den),” Mr. Logan added. This highly acclaimed sandal- wood project is expected to patch the supply gap in the current es- sential oils market and ride on the fast growing consumer expendi- tures in perfumes and essences. It is expected the produce from this project to be immediately acquired by downstream entities such as major perfume and cos- metic brands. Lastly, the group expressed their desire to expand their portfolios and confirmed that talks are on- going for more investment pro- jects to come onboard. Ultimus Announces Investment into Cambodia’s Agriculture Industry Ultimus Asia has announced its investment into Bai Yu Feng Sandal Wood, a project covering an area of 3,500 hectares in Phnom Penh, Cambodia. N IPC, a leading global provider of secure, compliant commu- nications and net- working solutions for the financial markets community, has announced that it plans to in- troduce Unigy 360, its highly an- ticipated Software-as-a-Service (SaaS) solution, to the Asia Pacific (APAC) market later this year. IPC has been at the forefront of innova- tive communications solutions that meet the needs of financial market participants throughout Asia. “With greater collaboration and mobility among front, middle and back offices a critical dynamic for an expanding population of regu- lated users in Asia, now more than ever financial market participants in the region will be able to benefit from the unified communications Unigy 360 enables through a sin- gle platform,” says David Dodd, Senior Vice President and Man- aging Director, Asia-Pacific, IPC. “In addition, IPC’s solutions have the potential to provide compliant communications and recording systems management. As a result, customers can rely on holistic and secure solutions to further their business strategy in a digital age.” Unigy 360 is a SaaS solution per- formance-engineered to deliver innovation, economics and pow- erful new capabilities for global fi- nancial market participants. Unigy 360 offers the advantages of IPC’s industry-leading Unigy® platform for unified communications and applications along with the simplic- ity and scalability of a cloud-based solution. The solution also includes the Unigy 360 application, which provides reliable, secure and “an- ytime, anywhere, any device” ac- cess to counterparties, liquidity, and trade lifecycle services. The broad range of market partic- ipants that implement the Unigy 360 solution become an integral part of one of the world’s largest and most diverse financial eco- systems comprising buy-side firms, sell-side firms, inter-dealer brokers, listed and OTC liquidity venues, trade lifecycle service pro- viders, market data vendors and clearing/settlement firms. All regu- lated users in a firm, including trad- ers, researchers, portfolio manag- ers, risk managers, compliance professionals, technologists, set- tlement personnel and operations staff, can leverage Unigy 360 for mission-critical external communi- cations and internal workflows. Currently IPC has offices through- out the Asia Pacific region, includ- ing Beijing, Hong Kong, Jakarta, Kuala Lumpur, Melbourne, Mum- bai, Seoul, Shanghai, Singapore, Sydney, Taipei, and Tokyo, allow- ing it access to the markets into which it is moving. As such, the launch of the software in these re- gions will be smoother and the firm will be able to monitor its progress closely.