Asia

Surprisingly little is known about the exact size of the country’s private debt market, but a widening financing gap is providing plenty of potential for fund managers in the mid-market.

The sector is in its relative infancy in Asia-Pacific, with demand outweighing supply. Managers keen to participate would do well to note the vast differences within individual markets.

Government actions are generating opportunities in a range of sectors. Celia Yan of BlackRock tells us where to look.

Now in its eighth year, our annual showcase recognises the managers, institutional investors and advisors that have set the benchmark during the year, as decided by you the readers.

KKR made a splash last year, with more than $1bn invested or committed to new private credit deals across the region.

Investors in Asia-Pacific have been encouraged by private debt’s steady performance during the pandemic and are set to put more faith in domestic managers.

Charismatic Capital, a Singapore-based manager, has pioneered a strategy that involves investing in fully secured stock loans. We find out more from founder Lam Ching Ching.

Investors are impressed by performance and keen to commit to local managers. Could this be the turning point for private debt in the region?

The Hong Kong-and Singapore-based manager’s fundraising is progressing well as LPs eye Asia’s recovery from the pandemic.

Direct lender Orion Credit Capital Asia has joined forces with the institutional investor to target mid-market opportunities in the region.