Private credit funds boom in Asia as startups stare at down rounds
From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from startups that are moving away ......
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From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from startups that are moving away ......
From India to Singapore, Asia is seeing a boom in private credit funds looking to tap into demand mainly from startups that are moving away from raising equity capital at a sharp discount to their valuations, known as 'down round' in the industry.
This surge comes at a time when companies are facing the challenges of high-interest rates and volatility in the equity market, requiring stretched borrowers to explore private credit as an alternative for raising capital.
Centrum Alternatives, an asset manager headquartered in Mumbai, is looking to launch its second private credit fund.