Korea Investment & Securities said on 12 February that it has entered into a KRW 500 billion ($348 million) real estate loan facility with US investment bank Goldman Sachs, with a portion of the lending supporting a residential project by… Read More>>
KKR Raises $2.5B for Asia Pacific Private Credit
Private equity giant KKR has completed $2.5 billion in fundraising for strategies focused on privately originated, performing credit investments in Asia Pacific.
The committed capital includes $1.8 billion for Asia Credit Opportunities Fund II and $700 million raised from separately… Read More>>
Tokio Marine Buying Majority Stake in Real Estate Debt Fund Manager Acore Capital
Japanese insurer Tokio Marine Holdings has agreed to acquire a majority stake in Acore Capital, a US investment manager specialising in commercial real estate debt.
Tokio Marine is investing in San Francisco-based Acore through its wholly owned subsidiary Delphi Financial… Read More>>
Nuveen Raises $421M for Australia Real Estate Debt Fund With Fresh Capital From CPPIB
Nuveen on Thursday announced the second closing of its Australia real estate debt strategy with A$650 million ($421 million) in committed capital, including a new investment of A$300 million from the Canada Pension Plan Investment Board.
Toronto-based CPPIB is investing… Read More>>
CapitaLand Investment Closes First Korea Private Credit Fund at $130M
Singapore’s CapitaLand Investment has teamed up with a South Korean investment bank to raise KRW 180 billion ($130 million) for its first private credit fund in Asia’s fourth-largest economy.
In a statement on Thursday, the Temasek-backed giant said it has… Read More>>
CapitaLand Investment Buying Australian Private Credit Manager Wingate for $127M
Singapore’s CapitaLand Investment is acquiring Melbourne-based fund manager Wingate Group for A$200 million ($127.4 million), in a move set to extend the Temasek-backed giant’s private credit business into Australia.
In buying the 20-year-old firm led by founder and CEO Farrel… Read More>>
Keppel Hits $300M First Closing of Third Private Credit Fund Targeting $1B
Keppel Ltd on Wednesday announced the $300 million first closing of its third private credit fund, with the Singaporean firm committing $100 million to the vehicle.
Keppel Private Credit Fund III was launched earlier this year with a target size… Read More>>
ESR Raises $325M for First South Korea Real Estate Credit Fund
Hong Kong-listed ESR has raised $325 million for its first real estate credit strategy in South Korea, as the industrial builder and fund manager seeks to address a shortfall of financing options in Asia’s fourth-largest economy.
The new fund will… Read More>>
Warburg Pincus Makes $327M Commitment to Aussie Real Estate Credit Venture
Warburg Pincus on Thursday announced that it’s backing an Australian private credit strategy targeting the country’s residential real estate sector with a A$490 million ($327 million) commitment.
The investment by the US private equity heavyweight provides nearly half of the… Read More>>
ADIA Backs SC Lowy’s South Korean Real Estate Private Credit Fund
The Abu Dhabi Investment Authority has made a commitment to alternative asset manager SC Lowy’s South Korean private credit strategy focusing on the real estate sector, the parties announced Tuesday.
The fund will provide real estate credit to developers, construction… Read More>>