CapitaLand Investment Ltd. is targeting $500 million in commitments from investors for its third Asia Pacific credit program. The program, APC III, will continue its previous credit strategies' focus on senior secured asset-backed investments, and the firm will primarily target existing investors. The fundraising initiative comes as private credit in Asia faces mounting scrutiny, with investors questioning whether loans backed by collateralized assets remain safe bets.
- CapitaLand Investment is targeting $500 million for its third Asia Pacific credit fund, focusing on senior secured asset-backed investments.
- The fundraising occurs amidst increased investor scrutiny of private credit in Asia, particularly loans backed by collateralized assets, following high-profile defaults.
- The fund will primarily target existing investors, with a first close aimed for year-end, and follows previous successful credit programs that financed real estate and logistics assets.
Topics: Asset types, Private market, Private credit debt funds, Private credit
Tags: #capitaland #asiancreditfund #privatecredit #assetbackedinvestments #fundraising #realestate #loanscrutiny #wingategroup #temasekholdings
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