Tribeca, Vanda seek to gather over $300m for Asia credit fund by end-2020

Tribeca, Vanda seek to gather over $300m for Asia credit fund by end-2020

Jakarta Kota Station, Jalan Lada, Pinangsia, West Jakarta City, Jakarta, Indonesia. Photo: Alehandrew Michael

Australia-based fund manager Tribeca Investment Partners is targeting to raise around $300-500 million for the Tribeca Vanda Asia Credit Fund (TVACF) by the end of 2020, portfolio manager John Stover told DealStreetAsia.

Officially launched in July 2019, TVACF is a partnership between Tribeca Investment Partners and Singapore-based investment advisory firm Vanda Securities. Stover, a former executive at hedge fund Farallon Capital, manages the credit fund from Singapore.

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