Heavyweights make room for Asia-Pacific debt

Private debt managers looking at opportunities in Asia reflect a wider theme of institutional investors looking for yield and diversification outside of their home markets.

A number of the larger US-based private debt managers are raising global funds and for the first time carving out specific allocations to invest in Asia-Pacific.

Among them is Babson Capital, whose managing director, Adam Wheeler, was among panellists at last month’s PDI Asia Forum who told how risk-adjusted returns were better there than in Europe or the US.

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