Asia-Pacific

Were the Chinese property developer to default, it would be the high-yield market in the immediate firing line. By Andy Thomson

As the region slowly emerges from a difficult pandemic, Dan Simmons, partner at OCP Asia, sees demand from both borrowers and investors pushing private debt to new heights.

Bank retrenchment and capital outflows have created opportunity for firms with a commitment to the region, maintains Brian Dillard of KKR.

Ground-breaking GPs are contributing to a rapidly developing debt market in Asia. Private Debt Investor asked Huatai International’s Ryan Chung and Isaac Wong if Asia deserves a bigger slice of the pie.

With $1trn in assets, more than 2,000 GPs active and as many as 650 private credit vehicles raising funds right now, the issue has become how to stand out.

Volatility is nothing new in China and nor is the growth that keeps pulling the economy out of trouble and opening huge opportunities for private debt investors, says Abax’s Michael Wang.

Environmental, social and governance measures are becoming more embedded in the Asia-Pacific private debt market, driven primarily by the requirements of global investors. By Mark Cooper

In her new role as managing director in KKR’s Client and Partner Group, Haining Yin will primarily focus on leveraged credit, private credit, asset-based finance and opportunistic strategies.