Private credit: A crowded space for large deals, but healthy pipeline for smaller ticket sizes

INVESTMENT firm Muzinich & Co expects greater competition for large-cap private credit deals in Asia-Pacific. But the pipeline remains healthy in smaller ticket sizes.

The firm, which specialises in corporate credit, also believes there are opportunities for more non-bank financing to take place in the region.

Andrew Tan, Asia-Pacific chief executive of Muzinich & Co, told The Business Times in an interview that there are two markets at play, with most funds being raised for the large cap or the upper-middle segment of the market.