World
Private-credit market jitters have coursed through the markets this month.
1
Amid volatile oil prices, green investments are accelerating in Indonesia: Danantara
2
BYD's annual profit drops for first time in four years as price war hurts margins
3
Prosus considers 10% Delivery Hero stake sale to HK-based Aspex
4
Australia court fines Binance unit $6.9m over client onboarding failures
5
Singapore sets out plans to build Asia gold trading hub
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SE Asian wealth fund said to have joined talks for DALI stake
SG payments firm Tazapay nets $36m in extended Series B round
Thai-listed The Brooker Group targets $100m for debut fund-of-funds
KV Asia eyes stake in Indonesian cardiac care chain
Terratai to raise $85m blended finance facility for nature financing
Singapore
The strategy was launched last year with $120m commitments.
The fund said the smaller buyback aligned with its liquidity goals.
Redemptions were capped at 5% as investors sought to withdraw 11.6% of outstanding shares.
The firm sees more LPs aiming to diversify into Asia.
BCRED reported a total loss of 0.4% in February.
IFS is prioritising borrowers that are proactively hedging risks.
India
BlackSoil recently announced deploying $8.1m in Euler Motors.
The firm raised about Rs 1,300 crore for its maiden credit fund in 2023.
The decision has impacted a small cohort of JPMorgan’s borrowers.