Home Authors Posts by Adalla Kim

Adalla Kim

Adalla Kim is a reporter for Private Debt Investor, where she covers private debt investments across Asia Pacific. She joined from a Financial Times publication, having covered Korean institutional investments across asset classes and alternative investments in Asia Pacific. Before that, she was a Graduate Intern at Campbell Lutyens, a private equity and infrastructure advisory group headquartered in London. She has a bachelor’s degree in International Trade from Incheon National University and speaks Korean, English and Spanish.
The decision to cap the private lending rate may increase competition for quality borrowers and reduce interest margins and profitability, say analysts at Fitch Ratings.
The Mumbai-headquartered asset manager is due to close its latest performing credit fund soon as the Canadian LP backs its India-focused approach.
The administrator confirms creditor approvals for Bain’s deal as an outcome of the second meeting of creditors on 4 September.
International currencies
M&G Investments’ origination team has grown its portfolio from zero to nearly $500m in the region, focusing on consumers and trading companies.
The firm now manages $40bn, of which $15bn is in private debt and liquid strategies.
The latest research outlines some of the key attributes of the private lending markets in Asia.
The corporate default threshold has increased by 100 times to try and protect small businesses.
Lenders are challenged as borrowers face higher bills once the holiday ends.
Company stakeholders are to discuss and agree on key details of the firm’s insolvency plan during the next creditor meeting. Interested parties include Bain Capital, Broad Peak, Tor Investment, and Queensland Investment Corporation.
The initial fundraising target is in the range of $300m to $500m and will target mid-market companies.

Copyright PEI Media

Not for publication, email or dissemination