Singapore’s EFA raises $200m for debut fund

The fund is targeting a final close in September this year and has deployed over $100m since March 2016.

Singapore-based EFA Group, an independent asset manager specialising in credit strategies, has so far corralled $200 million for its debut direct lending vehicle, the EFA Real Economy Income Trust (EFA RET).

EFA RET provides senior secured loans of between $2 million to $20 million to mid-market companies operating within the value chain of sectors focused on the real economy.