AllianzGI invests over $300m in Asia private credit

The investment unit is building its credit exposure to the Asia-Pacific region by deploying proprietary capital and expanding staff numbers.

Allianz Global Investors is expanding its presence across the Asia-Pacific private credit segment.

The investment management arm of the German financial services firm has deployed more than $300 million in the region since it first started investing there in late-2018, according to a statement on 13 July.

AllianzGI manages the parent group’s proprietary capital.