Adalla Kim
The Korean sovereign fund is targeting mezzanine and junior tranches for real estate and infrastructure debt.
The Korean pension fund has put out an RFP to hire private debt managers for US direct lending mandates.
Global investors’ appetite in Asia focuses mostly on mezzanine and subordinated debt, followed by distressed debt, PDI data shows.
The investment firm has provided unitranche debt financing for the acquisition of a cosmetic treatment firm.
Private debt investors are spotting opportunities in Asia-Pacific where distressed and mezzanine strategies are dominant.
Korean investors are seeking separately managed accounts for transparency and flexible capital deployment.
Insurers in the region are investing in higher-risk products and with longer-term investment horizons as their liabilities increase.