In AsianInvestor, Chune Loong Lum Discusses Private Credit’s Growth in Singapore

“Singapore's budding private credit industry is helping sponsors and investors source more regional deals, evincing more interest from asset owners,” AsianInvestor outlined in a Feb. 26 article.

“Forward looking and politically stable, Singapore is strategically located in the middle of Asia Pacific. When a sponsor decides to build a team of investment professionals and deploy their funds across the region, the city-state is increasingly viewed as an ideal location,” said Singapore asset management partner Chune Loong Lum in the piece.

The article, titled “Singapore's private credit industry boosts regional demand,”  further outlines that while Europe and the U.S. have led private credit deals, Asia-specific offerings and transactions are increasing. "We are increasingly seeing Asia-based sponsors looking to invest in Asian opportunities [in private credit]," Chune Loong highlighted. He added that “Singapore, Australia, Hong Kong and Japan have highly developed regulatory regimes and there are well-established processes in place regarding insolvency, which gives private credit fund sponsors a lot of comfort when deploying capital.”