Yangzijiang Financial dives into Asia private credit assets
The company partnered with Tahan Capital Management for its new business.
Yangzijiang Financial has partnered with Singapore-based Tahan Capital Management to invest in private credit assets in Asia.
In a bourse filing, the company said its partnership with Tahan Capital Management will diversify its portfolio and promote sustainable growth in the region.
Yangzijiang Financial added that there are great opportunities ahead for Asia private credit assets, given its secular growth trend in the region and the required funding needs.
Data from Preqin showed that assets under management (AUM) held by private credit fund managers in Asia Pacific totalled $65.6b in Q320.
Preqin also expects the asset class to expand at a compounded annual growth rate (CAGR) of over 20% by the end of 2025.