World
The pause is the latest sign of stress in the $3.5t global private credit market.
1
BlackRock weighs up to $10b investment in SpaceX IPO: report
2
Data centre operator DayOne weighing dual listing in SG and US: report
3
Editor's take: The week that was — May 11-16
4
Japan's CCI Group eyes deals up to $10m in Vietnam as it ramps up SE Asia push
5
SpaceX speeds up IPO timeline, targets June 12 Nasdaq listing
More Stories
Hong Kong’s Templewater buys SG-based Ascensus Health from Dymon Asia
Japan’s CCI Group eyes deals up to $10m in Vietnam as it ramps up SE Asia push
India: Ride-hailing platform Rapido raises $240m funding led by Prosus
SBI, Investcorp back $51m funding in stablecoin fintech Fasset
What Gong Cha sale, Jio IPO pivot say about market timing
Aggregate fair value-to-cost ratio fell 103 basis points to 98.55% at the end of March.
India
The fund has already deployed more than 50% of its total corpus across a range of sectors.
IFC’s debt proceeds will be used to finance affordable housing loans.
The fund invests in loans made by Apollo’s giant MidCap Financial.
The firms cited markdowns on troubled loans to software and other sectors.
Singapore
Cornerstone commitments came from IFC and Indonesia Investment Authority.
It is targeting to amass some S$200 billion in funds under management by 2030.
Rest of Asia
Demand is fuelled by surge in corporate M&As.
The sector’s rapid expansion into less liquid, harder-to-value loans has raised concerns.
