Kiwoom Asset Management Partners with SC Lowy to Establish Asia Private Debt Fund
Kiwoom Asset Management announced on the 25th that it has established a new fund investing in SC Lowy's fund, a leader in the Asia Private Credit market.
SC Lowy is currently raising a fund worth $800 million. It primarily invests in private credit assets for small and medium-sized enterprises (SMEs) and real estate in the Asia-Pacific region, with plans to focus intensively on various alternative assets such as restructuring loans, bridge financing, and non-performing loans (NPLs).
SC Lowy has recently secured investment from ADIA (Abu Dhabi Investment Authority), the world's largest pension fund, solidifying its position in the Asia private credit market. By actively leveraging SC Lowy's Asia network, it captures investment opportunities in credit assets within the region and protects loan stability through collateral mainly based on real assets. It is regarded as a structured product that can provide superior returns relative to risk.
The fund is rapidly executing investments following its first closing. It plans to maximize profitability while minimizing risk through diversified investments across various assets within the portfolio. The fund mainly invests in assets with durations of less than three years, aiming for a relatively quick recovery period.
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Based on the growth potential of the Asia region, this demonstrates that alternative investments are emerging as important investment destinations in the global financial environment. Kiwoom Asset and SC Lowy are expected to offer various customized investment products to domestic and international investors through multiple strategic collaborations.
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