The Malaysian pension fund is eyeing its first private credit deal this year as a part of wider private market push.
Tag : private lending
The private-sector arm of the World Bank has handed $50 million in seed money to the Asia-focused platform, which aims to provide low-double-digit annual returns over its eight-year term.
The move enables the property services firm's institutional investors and major fund clients to gain exposure to real estate debt Down Under.
Global alternatives firms are increasingly taking part in corporate private lending, entering a market previously the preserve of Asian credit and distressed specialists.
Home is where the heart is for Asian institutions, which have begun to rekindle their interest in the region's hedge fund, property and private equity sectors, says BlackRock.
The private equity giant aims to extend its private lending activities and is also eyeing property investments as it seeks opportunities for its $6 billion Asia-focused fund.
The fund of hedge funds sees an opportunity to work with a handful of regional hedge funds targeting private loans in Indonesia.
