Adalla Kim
The Indian fund manager is targeting NPLs and structured financing opportunities.
Lenders refocus on backing acquisitions by sponsors, including Brookfield, Partners Group, and TPG.
The proposal to launch an investment fund would have been discussed in today’s Legislative Assembly session, but is no longer on the agenda.
InnoVen Capital Partners’ chief executive Chin Chao explains the firm’s investment approach and the reason behind its South-East Asia expansion this year.
The investment company has broadened its private and structured credit scope since writing a $200m cheque for a direct private credit facility.
The asset manager’s fourth fund will continue the firm’s strategy of lending to mid-market companies across the Asia-Pacific region.
Public Officials Benefit Association is targeting a net IRR of more than 10 percent, with a five percent-plus dividend return, for the mandate.
A favourable lending environment for small and medium-sized enterprises may pose questions for private funds looking to exploit the corporate funding gap in China.
Singapore-based lender's five-year vehicle is targeting a gross IRR of 12-25%, with equity upside.
Asset sellers would prefer private deals before undergoing resolutions. PDI explains the reasons.