CapitaLand Investment Seeks $500 Million for Third Asia Pacific Credit Fund
· Business · Bloomberg, Times of India
Singapore-based CapitaLand Investment Ltd. is launching a fundraising drive to secure $500 million for its third Asia Pacific credit program. The asset manager, which is controlled by Temasek Holdings Pte., intends to target senior secured asset-backed investments for this new vehicle. This effort follows the successful closure of its second credit fund, ACP II, which raised $320 million and added approximately $600 million to the firm's total assets under management. The company has not disclosed a specific timeline for the completion of this latest fundraising round.
Why it matters
The expansion of CapitaLand's credit business signals a continued institutional focus on asset-backed lending within the Asia Pacific region, potentially influencing capital availability for regional property and infrastructure projects.
Read the original report — Bloomberg
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.