Rest of Asia
The predecessor fund closed at $100 million in 2023.
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Singapore
It had raised more than a targeted $500 million for its pan-Asia private credit strategy.
It reportedly aims to hold a first close by the end of 2026.
Malaysia
Crewstone has made an initial $1.2m commitment to scale Digitec’s platform.
World
Investors sought to pull $4.3b, or 10% of shares, in Q3 from the fund.
India
The capital will be used to expand its product and store network.
IDFC First Bank was established in 2018 after the merger of IDFC Bank and Capital First.
It comprises an $8m senior loan from DEG and $9m from the German Impact Investment Fund.
The fund targets a 5% p.a distribution yield on a semi-annual basis.
Libra Hybrid targets private credit and hybrid capital opportunities.