US investors, Asia’s ultra-rich drive growth in Asia-Pacific private credit
Funds and family offices diversifying from the United States to power expansion in the region, which is viewed as ‘the next frontier’, say market players
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[SINGAPORE] A slight uptick in private-credit fundraising in the Asia-Pacific (Apac) last year has given market players optimism for a positive 2025, even as investors continue to avoid China.
They said deals in India and Australia can fill the gap, while more investors within and outside Apac are allocating capital to private credit in the region. And the key sectors they are looking to lend to are infrastructure such as data centres, and renewable energy.
Last year, Apac-focused private-credit fundraising hit almost US$5.9 billion across 33 funds, 7.5 per cent higher than the US$5.5 billion raised from 32 funds in 2023, according to Preqin Pro data.
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