Private Credit: Scratching the surface of the Asia opportunity?

  • SJ Lim, Managing Director and Portfolio Manager of Asia Private Credit, KKR
  • Stéphane Delatte, Chief Executive Officer & Chief Investment Officer, Keppel Credit
  • Bo Hu, Head of Private Credit, Asia-Pacific, HSBC
  • Celia Yan, Managing Director, Head of APAC Private Credit, BlackRock
  • Ngoc Nguyen, Deputy Editor, Vietnam, DealStreetAsia (Moderator)

While Asian enterprises still rely predominantly on bank capital for their financing needs, the nascent performing private credit market is looking to fill the gap left by the traditional financial services sector amidst growing demand. The private credit asset class is gaining ground with companies seeking alternative ways to raise capital and facilitate expansion plans. Private credit investments in India and Southeast Asia have witnessed unprecedented growth amid rising interest rates and diminished equity funding. The growth prospects have also led to a flurry of funds entering the market, trying to tap into investment opportunities. Is this the golden period for private credit in Asia?