Both sponsors will be contributing US$50 million ($67 million) each in capital commitments to the strategy.
Alternative asset management group Tikehau Capital has partnered with UOB Kay Hian (UOBKH) to launch a new private credit strategy to tap Asia’s fast-growing private credit market.
The new strategy seeks to provide financing to mid-sized corporations across Asia Pacific. The focus will be on growth, working capital and refinancing lending to borrowers in resilient and defensive industries.
