Private credit
Ares hires ex-CapitaLand executive Gabriel Fong as Asia credit partner
Fong’s appointment comes as Ares expands across Asia-Pacific, a push underway since 2020
Imagine OpenAI bonds, Labubu everywhere
Could 2026 see these four market developments?
As crypto and private credit hit the mainstream, investor risk seen multiplying
Interval funds have also increased as they are seen benefiting from opening up retirement plans
Private credit gives European banks backdoor into property deals
Known as back leverage, the opaque system lets banks apply more favourable capital treatment to lending
January Capital’s private credit fund marks final close at over US$130 million
The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans
Tread carefully in private credit
The surge of funds into this asset class, exceeding the opportunities to deploy it for high returns, points to dwindling returns
Temasek-owned SeaTown raises about US$900 million as of second close of third private credit fund
This comes four months after its first close of over US$612 million in August
Private credit hit deployment record last year: Alternative Credit Council report
Allocated capital swells to US$592.8 billion in 2024, a 78% year-on-year increase from US$333.4 billion the previous year
Private credit, core-plus infrastructure could offer ‘good risk-reward’ in 2026: Temasek CEO
The appeal lies in the stable cash yields such assets generate over time
Private credit needs a secondary market
Such markets address illiquidity fears known to plague investors in Singapore and the Asia-Pacific
