Asia’s $4tr funding gap luring private debt investors

Asia’s small and medium-sized enterprises – which account for two-thirds of jobs in the region – faced a $4.1 trillion annual funding gap last year, which provides a big opportunity for investors willing to lend in return for yield, but they also face several hurdles, says a new study.  The Alternative Credit Council, which represents non-bank finance participants in asset management, in its first report on private credit in Asia. The ACC surveyed 28 private credit asset managers …