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.
“They are chasing transactions where they can deploy at least US$100 million or more in a single ticket transaction. That space is a little bit crowded,” he said,...
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