Tikehau Capital and UOB Kay Hian form Asia private credit fund

Tikehau Capital, a global alternative asset management group with around 43 billion $47 billion under management, has joined forces with Singapore-headquartered brokerage firm UOB Kay Hian UOBKH, to launch a new private credit strategy.

Both Tikehau Capital and UOBKH will be contributing $50 million each initially in capital commitments to the strategy which seeks to provide financing to mid-sized corporates across Asia Pacific Apac. The overall size of the fund is set to much larger than $100 million with external investors.  

A spokesperson told FinanceAsia that key geographies for the fund include Singapore, Malaysia, Thailand, Hong Kong, South Korea, and...