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It raised $612 million at its first close in August.
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The firm’s debut pan-Asia private credit fund has made a first close of $350 million.
Malaysia
The fund hit the first close at $135 million in December 2024.
India
The fund will invest in performing and cash-flowing Indian companies.
Private credit is plugging the infra financing gap, said Rajan in Singapore.
The proposed fund would mark its entry into the fast-growing credit segment.
World
Blue Owl’s shares have fallen 40% so far this year.
Earlier this month, Blue Owl had unveiled a plan to merge its two debt funds.
The fund will provide credit solutions to companies in India, Singapore, and SE Asia.
Greater China
Hong Kong becomes Adams Street’s sixth office in Asia Pacific.