Rest of Asia
Elham is seeking to raise $1 billion for its inaugural fund.
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Singapore
The fund drew commitments from institutional investors including Japan’s SBI Holdings.
It raised $612 million at its first close in August.
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.
