Jamie Dimon’s JPMorgan is angling to be a major private credit lender. But it may come back to bite

Indonesian sovereign wealth fund and Ares collaborate to provide financing in nation
Ares plans to use its Asia Credit Funds to invest up to USD 500m annually in hybrid capital and securitization deals

Singapore plans USD 1bn private credit growth fund
The fund will be used to fund local enterprises, the prime minister and minister of finance said

Global Private Credit AUM to reach USD 3trn by 2028 - Moody’s
Global private credit AUM is poised to hit USD 3trn by 2028, Moody's predicts, with momentum expected to grow over the next three years

Coller Capital sets up Singapore office and hires Peter Wu
Coller Capital set up a Singapore office and made a new hire, in a push to expand in the Asia Pacific

SC Lowy winds down liquid credit fund in private credit pivot
SC Lowy plans to wind down its open-ended liquid credit fund and launch a new interval fund for private credit investments

CapitalLand expands into Australian private credit with Wingate deal
Singapore-based CapitalLand Investment has struck a deal to acquire both the corporate credit and property investment management businesses of Wingate Group

Joe Millward, Founding Partner of Epsilon Direct Lending, on evolution of the private credit industry in Australia
In this fireside chat, Joe Millward, Founding Partner at Epsilon Direct Lending, offers a unique perspective on the state of the market, its growth prospects, and the opportunities that lie ahead

Mizuho takes minority stake in Golub, strikes distribution agreement
Mizuho Financial Group has acquired a passive, minority stake in Golub Capital’s management companies as part of a strategic partnership

Private debt capital amplified in Middle Eastern fund launch
A new USD 100m middle eastern growth debt fund has been launched by a partnership of Ajeej Capital and Nuwa Capital

Temasek raises USD 1.3bn for Asian private credit fund
Temasek's SeaTown Private Credit Fund II, which focuses on performing credit opportunities in the Asian Pacific, has closed

KKR raises more than USD 800m for its second Asian credit opportunities fund

Channel Capital launches fund that taps into Goldman Sach’s European private credit

Neuberger raises more than USD 2.7bn for fifth private credit fund
Neuberger Berman is fundraising for a fund that provides direct loans to North American private equity-owned companies 

Double digit returns tempt Middle Eastern investors to allocate to private credit
Investors in the Middle East are allocating billions to private credit. The trend is just getting started, with investments in the region expected to grow.

Temasek’s asset manager to buy minority stake in a private credit firm
Seviora Holdings agrees to purchase Hong Kong-based ADM Capital for an undisclosed sum

Australian brokerage launches private credit division and first debt fund
A new firm, spun-off of a commercial finance brokerage, has launched a direct lending fund to invest in property-backed Australian SMEs

Funds roundup: June 2024
Private credit funds keep getting larger — some reaching billion-dollar status — while demand for niche solutions, such as interval funds and special situations, continues to escalate

Australia’s $4tn retirement funds pour into private credit to capitalise on steady returns
Funds that make up one of the world’s largest pools of cash are allocating to private credit

Indian alternative asset manager seeking USD 240m for private credit fund
Indian alternative asset manager Vivriti Asset Management recently revealed plans to raise USD 240m (INR 20bn) for a new Indian private credit fund 

17Capital opens offices in Dubai as demand for NAV financing grows
A growing global appetite for NAV finance has prompted London-headquartered credit specialist 17Capital to open a new office in Dubai

Pengana launches private credit platform aimed at retail investors
Sydney-headquartered money manager Pengana Capital Group has launched a new private credit platform

Indian manager raises nearly INR 25.75bn for credit opportunities fund
A Mumbai-based manager held a final close on its new special sits fund with INR 25.75bn raised

BlackRock hires from Jefferies to lead private credit push in Southeast Asia
BlackRock continues to build out its private credit teams outside of North America with the addition of a new senior-level hire in Asia

Funds round up: May 2024
The demand for SRT strategies and special situations funds are on the uptick, as is the demand for managers and funds outside of North America.