TOPIC

Private credit

Private credit, or private debt, refers to the provision of financing to companies and individuals from funds rather than banks or public markets. This asset class has grown over the past two decades to become a trillion-dollar industry, with Asia-Pacific catching up as an important market.

A view of HSBC headquarters in Central, Hong Kong, on April 29, 2025. Photo: Sun Yeung

Banking & finance

HSBC asset-management unit dives into private credit in Asia

Lender is the latest financial institution to enter the private-credit market, drawn by attractive returns and diversification advantages.

4 Jun 2025 - 10:56AM

Banking & finance

Tencent-backed China Ruyi to tap bond market for US$500 million, sources say

3 Apr 2025 - 5:44PM

Banking & finance

Exclusive | Chelsea owner Todd Boehly eyes Hong Kong and Macau for new ventures

25 Mar 2025 - 4:40PM

Wealth Report

From niche to necessity: private credit transforms Asia’s lending landscape

As rising interest rates and market volatility push investors towards alternative assets, private credit is gaining traction – though some question whether the sector can maintain its strong returns.

17 Mar 2025 - 5:00PM

Since the global financial crisis of 2007-08, private credit – nonbank lending from institutional investors direct to businesses or individuals – has gone from strength to strength. Photo: Getty Images/AFP

Mergers & Acquisitions

China’s 2025 M&As may rise 15% as deals bottom out, UBS says

UBS says China M&A deal volume fell 10 per cent in November from a year earlier to US$297 billion.

4 Dec 2024 - 12:27PM

Banking & finance

China’s economic stimulus is a boon for APAC private capital market: Preqin

China’s contribution to the region’s market for private capital has tumbled, but measures from Beijing could spark a turnaround.

11 Oct 2024 - 7:20AM

Banking & finance

Flourishing private credit market is a ‘big story’ in Asia: industry experts

The number of private debt funds in the Asia-Pacific region grew by 22 per cent to 94 at the end of 2023 compared with a year before as financial institutions bet on the flourishing market.

7 May 2024 - 2:00PM

Private debt assets under management in the Asia-Pacific region reached US$124 billion as of last September, according to data provider Preqin. Photo: Sun Yeung

Banking & finance

Macroscope | As private credit warnings grow, the fear is that the horse has bolted

The IMF is warning regulators about the systemic risks of the rapidly growing private credit market, a largely opaque sector involving direct lending to corporations

14 Apr 2024 - 5:30AMvideocam

Banking & finance

China’s outbound investments to drive demand for private credit: ADM Capital

Chinese companies seeking to expand overseas and Asian SMEs with ESG potential hold a lot of potential for private credit providers, ADM Capital founder Christopher Botsford says.

21 Mar 2024 - 11:00AM

Banking & finance

Hong Kong private credit bridges gap left by banks’ retreat, lends against property

Private credit lenders are capitalising on businesses’ thirst for generating liquidity from their property assets in Hong Kong, banking on the city’s sound legal system.

20 Mar 2024 - 11:24AM

The Cheung Kong Center II, developed by CK Asset Holdings Ltd., left, in Hong Kong, China, on Tuesday, March 12, 2024. Photo: Bloomberg

Banking & finance

Private credit funds lure family offices, wealthy individuals as returns sizzle

Private credit is becoming particularly appealing to affluent families who previously found access to this investment avenue restricted due to its exclusivity, according to William Chow at Raffles Family Office.

8 Mar 2024 - 2:20PMvideocam

An evening view of the Central financial district and Victoria Harbour in Hong Kong in May 2023. Photo: reuters

Banking & finance

Hong Kong ‘losing out’, should tax-exempt private credit assets: industry body

Hong Kong’s funds industry is calling for a profit tax exemption for private credit assets, as the city is failing to attract a booming business and is losing out to Singapore because of its existing tax regime.

27 Feb 2024 - 11:11AM

Banking & finance

Goldman Sachs and Abu Dhabi’s Mubadala sign US$1 billion private credit deal

The US investment bank and the Abu Dhabi sovereign wealth fund will extend long-term capital to ‘high-quality companies and sponsors’ across Asia-Pacific to capitalise on private-credit opportunities.

26 Feb 2024 - 12:00PM

Banking & finance

Asia’s SMEs, education and technology sectors in private credit’s cross hairs

Asia’s small and medium sized-enterprises and sectors like technology and education have a widening funding gap, and private credit players are seeing lending opportunities here.

15 Feb 2024 - 7:30AM

Banking & finance

Hong Kong’s talent base can fuel further growth in Asian private credit: APLMA CEO

Hong Kong’s sophisticated investor base is bringing lending expertise to Asia’s rapidly growing private credit market, which still only accounts for only 5 per cent of the global tally, indicating its growth potential.

14 Feb 2024 - 9:30AM

The Headquarters buildings of HSBC and Standard Chartered Bank are photographed at Central. Photo: Yik Yeung -man