Granite Asia Draws Big-Name Backers For Private Credit Fund
Singapore-based Granite Asia raised over $350 million from major state investors as Asia’s private credit market heats up and companies seek new ways to finance growth.
Singapore-based Granite Asia raised over $350 million from major state investors as Asia’s private credit market heats up and companies seek new ways to finance growth.
Allocated capital swells to US$592.8 billion in 2024, a 78% year-on-year increase from US$333.4 billion the previous year Read more at The Business Times.
The amount of capital that private credit firms have deployed reached a record last year, according to a new report from the Alternative Credit Council, with the larger players like Ares Management...
Firm represents Blackstone Credit & Insurance and the other financing sources supporting the acquisition.
Marks one of the largest private credit allocations in the B2B financing space in the Middle East
The fund hit the first close at $135 million in December 2024.
The Gulf’s private credit market is entering a growth phase that could reshape how regional entrepreneurs finance consumer brands. Assets under management in GC
With structural reforms, robust domestic consumption, and an increasing allocation of both domestic and global capital toward India-related investments, private credit is becoming an essential area of focus.
The shareholders of Japanese personal care business FineToday Holdings Co. will receive dividend payouts funded by a $350 million private credit loan, according to people familiar with the matter, adding to a...
Capital Group is teaming up with KKR to add private credit to its fund lineup and retirement portfolios.