Asia’s private credit markets are underdeveloped given the size of the regional economy. Jonathan Lavine, co-managing partner of Bain Capital and CIO of Bain Capital Credit, assesses the growth potential
India Resurgence Fund (India RF), a vehicle established by Bain Capital Credit and Piramal Enterprises to invest in distressed assets, has committed $156 million to Archean Group’s marine chemicals business.
Special situations investor Oaktree Capital has extended a loan package worth up to A$50 million ($36 million) to Australia-listed Blue Sky Alternative Investments following a string of regulatory breaches.
Growth capital situations can provide a healthy source of deals for established mezzanine investors, but high barriers to entry will pose challenges for newcomers
Actis Capital has launched an Indian non-banking finance company (NBFC) in which it will invest up to $220 million over the next five years.
Lone Star Funds and the RattanIndia Group will jointly invest INR26 billion ($400 million) to launch a new non-banking financial company (NBFC).
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $55 million commitment to Bangladesh-based food and beverage producer Pran Group.
The International Finance Corporation (IFC) has invested $40 million in Indonesian lender Radana Bhaskara Finance as part of a support program for local small and medium-sized enterprises (SMEs).
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a INR4.8 billion ($74 million) investment in Indian non-banking finance company (NBFC) Cholamandalam Investment & Finance.
Southeast Asian ride-hailing app operator Grab has secured debt facilities of up to $700 million from leading global and regional banks.