Aston Tan

Debt-focused initiatives in India are attracting attention as macroeconomic conditions shift.

Warren Allderige, CEO and Managing Director of Pacific Harbor Group, a Hong Kong-based fund manager that looks at special situations funds, stressed and distressed debts, recently spoke to PE Asia about market turmoil and the opportunities that presents some investors.

UK government-backed CDC Group recently made plans to expand its credit products in India. Anubha Shrivastava, managing director, discusses the potential for such offerings in the country with PE Asia.

The US firm has bolstered its FIG portfolio with with a 9% stake in India Infoline Group.

Apollo's Sanjay Patel and Hamilton Lane's Juan Delgado Moreira were among speakers at the forum who noted that interesting investment opportunities, such as companies' increasing demand for credit in India, can be found amid global economic turmoil.

Apollo's Sanjay Patel and Hamilton Lane's Juan Delgado Moreira (pictured) were among speakers who pointed to interesting investment opportunities amid global economic turmoil.

The new fund will seek up to $500m in commitments and will provide debt financing in special situation transactions.

The Japanese firm has made its second investment of the year, backing China's Hisense Broadband Multimedia Technologies.

Japanese conglomerate Softbank has committed to investing $200m in mobile advertiser InMobi in a deal reports say is among the largest to take place in the sector so far.

PE Asia recently caught up with Michael Shone, chief executive officer of Commercial Intelligence. The Swiss-headquartered firm raises closed-ended funds, typically with a three- to five-year life, focused on emerging market debt recovery.