This year has included the biggest private deals to date in India, Southeast Asia and Eastern Europe, adding to strong growth in the Gulf. Heavyweights like KKR & Co and Ares Management Corp are being drawn by a revival of interest in emerging economies as investors seek alternatives to US assets.
Emerging markets are on a tear this year and that is drawing some of the hottest names in finance — lenders from the world of private credit.
Funding by the likes of Blackstone Inc and Apollo Global Management Inc is putting EM deals from private lenders on course for the biggest year on record. The first half of 2025 saw US$11.7 billion deployed, already nearly reaching 2024’s full-year total, according to the Global Private Capital Association.
