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Ex-Credit Suisse staff start Asia-Pac credit fund to fill lending gap

Published Mon, Nov 27, 2017 · 09:50 PM

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Melbourne

A GROUP of former Credit Suisse Group AG staff, led by Australian investment banker John Wylie, has started an Asia-Pacific credit investment fund to take advantage of banks reining in lending.

Tanarra Credit Partners has raised more than A$285 million (S$293 million) for its Asia-Pacific Fund I, which will invest in senior and mezzanine debt, and is targeting as much as A$500 million before closing the fund to investors in the first half of 2018, managing partner Michael Tierney said.

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