Home / Business and Economy / CapitaLand Targets $500M for Asia Pacific Credit Fund
CapitaLand Targets $500M for Asia Pacific Credit Fund
8 Sep
Summary
- CapitaLand Investment seeks $500 million in investor commitments.
- The fundraising is for its third Asia Pacific credit program.
- The asset manager is controlled by Temasek Holdings Pte.
CapitaLand Investment Limited, a Singapore-based asset manager controlled by Temasek Holdings Pte., is currently seeking commitments totaling $500 million from investors. This significant fundraising effort is directed towards the company's third credit program focused on the Asia Pacific region. The initiative is reportedly underway several months after previous fundraising activities concluded.
The program's success will bolster CapitaLand Investment's capacity to deploy capital within the Asia Pacific credit markets. As a prominent player in the region's investment landscape, the company's strategic fundraising moves are closely watched by market participants. The specific details regarding the timing and completion of prior fundraising rounds remain undisclosed.
