Private credit

Low penetration of private debt in region offers investors an opportunity

Surge in redemptions this year mirrors the earlier rush to ‘pile into’ the asset class

Its success will depend on keeping risks clear and lending standards strong

Infrastructure also outperforms global peers; real estate returns remain muted

It joins peers that continue restricting withdrawals amid a rush to exit sparked by fears around loan quality

Bathla’s A$3.4 billion in debt from 40 lenders was funnelled through around 542 special purpose vehicles 

It joins peers, including Blackstone and BlackRock, in continuing to limit investor withdrawals

This could be an early sign of easing redemption pressures across the industry

The Temasek-backed asset manager will primarily target existing investors for APC III