World
It was largely concentrated in small institutions and family offices.
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SG- and India-based healthcare platform YouLabs bags $2.6m in seed round
Vietnam’s private market has all the tailwinds but investors want to see execution
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Singapore
The financiers include Ares, InnoVen Capital, and January Capital.
Vietnam
EQuest had secured $120m in 2023 in a combination of equity from KKR and debt from lenders.
Rest of Asia
The investment will be carried out over the next five years.
Investors are not selling out of US exposure, but redirecting new sources of capital.
The fund offers a 60:40 mix of public and private credit assets.
India
The fund will focus on performing credit opportunities across sectors
Investors cite small software exposure and stronger collateral-based lending in Asia.
Real estate received the highest allocation from private credit funds in 2025.
BII, CIP will commit $150 million each to the platform.