OCP seeks additional $300m for debut fund – exclusive

The Hong Kong-based credit fund manager is looking to garner more capital for its open-ended private debt fund to take advantage of favourable market conditions in Asia.

OCP Asia is seeking to raise an additional $250 million to $300 million by the end of this year for its Pan-Asia open-ended credit fund, PDI has learnt.

The fund, OCP Asia's debut vehicle, was first launched in September 2013 and has raised approximately $850 million to date. It has been closed to investors during the last quarter.

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