Malaysia's Ekuinas plans to launch a $170.4m private credit fund for high-potential, high-growth companies.
Ekuinas, Malaysia's state-owned private equity fund, plans to launch its first private credit fund with a corpus of $170.4 million (800 million ringgit). This direct lending model will broaden financing options for high-potential, high-growth companies, complementing their existing private equity investments. Private credit funds in Asia have experienced increasing popularity as companies seek alternative funding sources beyond equity and bank loans.
May 28, 2024
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