Private Debt Developing in Asia
Although the private debt market in Asia remains substantially smaller than the more developed credit markets in Europe and North America, data from Preqin points to a growth in the Asia-focused industry.
Seventeen private debt funds principally focused on Asia closed in 2015 raising $6.1bn in aggregate capital. This represented an increase from the $3bn worth of investor commitments seen in 2014 and was substantially larger than the $0.8bn total in 2013;