Fund name: DCP Asia Credit Fund III
Amount raised: $284 million
Target size: $500 million
Time on the road: Less than a month
Predecessor fund: DCP China Credit Fund II ($1 billion including feeder fund)
Dignari Capital Partners is targeting $500 million for DCP Asia Credit Fund III, a contact person from the firm told Private Debt Investor. The fund started fundraising this month and has received $284 million, according to an SEC filing. As with its predecessors, capital raised for the fund will invest in private credit and special situations across the Asia-Pacific region.