Adalla Kim
The Hong Kong-headquartered firm is back in the market with its Asia-focused special situations fund series.
The Mumbai-based alternative asset manager has held a final close on its successor distressed vehicle on $1.3bn.
The Korean institutional investor plans to hire European managers by late February
China Investment Corporation president and vice-chairman, Tu Guangshao, explains why the sovereign wealth fund is increasing its alternative investments.
With new hires, the firm’s Asian strategy now includes providing ‘flexible capital’ for management buyouts.
The Hong Kong-based credit manager is aiming to reach a final close on $500m by the end of H1 2019.
Distressed debt fund managers including Bain Capital Credit are exploring China’s ‘secured’ lending practices.
Increased demand from Korean investors is benefitting mid-market GPs as the capital flows into direct lending… for now at least. Adalla Kim reports.
The world’s third-largest public pension is reorganising its six alternative investment management teams into three divisions, but compensation of internal staff will likely be unchanged.
Korean Teachers’ Credit Union’s senior global portfolio manager, Taebok Kang, explains why his team started looking at distressed debt investing this year and how it is planning the year ahead in this two-minute video.