As recession risks loom and high rates weigh on corporate balance sheets, private credit investors are betting on segments that can capitalise on periods of dislocation and tightening liquidity.
Fund firms are busy staffing up private debt teams in Asia with an eye on distressed and special situations opportunities. But they face challenges raising money from global investors.
The Abu Dhabi sovereign fund and the German insurer have joined a wave of investors entering distressed debt and special situations in India. What’s their approach and rationale?
Canyon Partners, Cerberus Capital, KKR and MBK Partners are part of a fast-growing wave of fund managers and asset owners looking to Asia for bad debt investment opportunities.
The private equity giant aims to extend its private lending activities and is also eyeing property investments as it seeks opportunities for its $6 billion Asia-focused fund.
Boutique bank SC Lowy sees opportunities in secondary high-yield bond trading and private lending to Asian corporations, with Europe representing a new frontier.
In a letter to AsianInvestor, the government-controlled entity’s chief performance officer, Jurng Chuljoong, examines private equity, special situations, venture capital and hedge funds.
The withdrawal of banks from lending activity is creating new ways for investors to take advantage of distressed or restructuring stories, in Asia as well as the West, says Mercer’s Ray King.