Global asset manager becomes latest to receive China fund license
Aberdeen Standard Investment's Shanghai enterprise has obtained private securities fund management approval in China 

Adams Street opens Seoul office amid US managers' push into South Korea
Adams Street Partners has launched an office in South Korea and appointed a former Lazard Asset Management professional to run the operation

Abu Dhabi Investment Authority buys stake in KKR’s Indian credit business
The Abu Dhabi investment Authority has become a significant minority shareholder in KKR India Financial Services, an alternative credit business in India owned by US private equity firm KKR

Australian-European credit manager unveils plans for listed fund
Australian secured credit fixed income specialist Gryphon Capital Investments has announced plans to list a trust with an objective of paying a 5% per annum coupon paid on a monthly basis

Hong Kong firm announces first close of China-focused direct lending fund
Hong Kong-based investment firm Adamas Asset Management has announced the first closing of its Adamas Ping An Opportunities Fund, a vehicle mainly providing loans to companies in Greater China

Credit Suisse alumni in Australia raise $217 million for credit fund
Australian private investment firm Tanarra, formed less than a year ago by a group of Credit Suisse alumni, has raised AUD$285 million ($217 million) for a new credit fund

Investors pledge cash after turning to direct lender Prestige
Just like every magic trick has three parts, every fundraising has three stages: building a track record, marketing and, the most difficult, delivering strong returns. Prestige is clearly performing well as it gains three investor mandates

Mumbai manager announces first close of private debt fund
A subsidiary of Mumbai-based UTI Asset Management Company has progressed its plans to tap into the Indian credit market, announcing the first close of its structured debt fund

Right opportunity, wrong continent: Avenue sees value in Asian direct lending
Despite retreating from Europe’s direct lending market this year, Avenue Capital Group’s co-founder Marc Lasry believes opportunities still exist in mid-market lending – specifically in Asia.

US manager becomes latest to receive China private fund management license
US manager becomes the latest foreign firm to recieve an approval for the private fund management (PFM) license in China. 

Volatility management boosts Double Haven's Asian credit fund
Hong Kong's Double Haven has outperformed the US high yield market and exhibited less volatility this year through its Asian bond fund

Carlyle's co-founders step down as new leadership team is unveiled
The group names two Co-CEOs and a Co-CIO – but claims its three co-founders will continue to be actively engaged at Carlyle

Marathon fund doubles assets in six months
Marathon's Emerging Markets Bond Fund substantially increased its assets between March and September – more than doubling its AUM, according to estimated figures

New York-based manager's distressed debt fund raised $4.7 billion in Q3
Blackstone's credit arm, GSO Capital Partners, raised $4.7 billion for its distressed flagship fund during third quarter 2017

New CarVal distressed credit fund reaches $2.36 billion
Alternatives manager CarVal Investors has raised $2.36 billion for its new vehicle CVI Credit Value Fund IV, according to regulatory filings

Principal and Finisterre team up to launch emerging market Ucits fund
Multi-boutique asset management firm Principal Global Investors has launched an unconstrained emerging markets fixed income Ucits that will be managed by its subsidiary, Finisterre Capital

Sell-side credit analysts land at Muzinich in London
Muzinich has raided Citi and Deutsche Bank for credit analysts with Richard Smith and Terence Teh joining the firm in London

KKR's private credit fund fund targets Hong Kong and now South Korea
KKR has raised $301.1 million for its KKR Private Credit Opportunities Partners II (EEA) LP fund, which appears to be targeting Asia-based investors

US managers win South Korean investment
Ares, Audax and KKR are among the cluster of fund managers that have put their hearts and minds into marketing credit funds in Seoul – with great success

Hong Kong authority commits $1bn to EM credit
The Hong Kong Monetary Authority (HKMA), the autonomous territory’s de facto central bank, has invested $1 billion in an infrastructure loan strategy

Asian airline operator approves $30 million ticket for new CarVal credit fund
US credit strategies continue to attract capital from Asian investors with CarVal Investors the latest asset manager to distribute a fund in the continent

Dubai's Aqraam launches emerging market and sukuk funds
Dubai-based emerging markets specialist Arqaam Capital has launched two specialist fixed income funds with a USD denomination

Harvest hires former RBC credit trader in Hong Kong
Harvest Global Investments has added a fixed income portfolio manager to its office in Hong Kong

GoldenTree hires JP Morgan executive to head new Australian office
New York-based credit specialist GoldenTree Asset Management has opened an office in Sydney - and hired a JP Morgan executive - as part of its push into the Asia-Pacific region

Goldman Sachs and KKR private credit funds win Korean investors
Korea Post has decided to commit $200 million to a new mezzanine debt fund from Goldman Sachs and $100 million to KKR Credit’s global mezzanine fund, according to local media reports