Asia

The strategy has experienced a spike in fundraising, and market players don’t think that will slow down anytime soon.

A favourable lending environment for small and medium-sized enterprises may pose questions for private funds looking to exploit the corporate funding gap in China.

Asset sellers would prefer private deals before undergoing resolutions. PDI explains the reasons.

The just-launched fund is targeting $1bn

Industry sources are pondering why there has been a significant decline in the organisation’s NPL acquisition costs

The level of EBTIDA addbacks is correlated to company size: the bigger the company, the more generous the adjustments. But lenders to smaller companies are still compromising on things they never thought they'd have to agree to only a couple years ago.

Deteriorating covenant quality will put some off investing in Asia, but there are attractive opportunities in the region for those who understand the risks.

Following a period of loose credit in China, international investors are looking to snap up the wealth NPLs it has generated.

Its 2012-vintage fund posted lacklustre results, while its vehicle launched in 2015 has been among the better performing from that year.

The Temasek-backed French asset manager is focusing on Japan in pursuit of partnerships and a new LP base.