Tikehau Capital and UOB-Kay Hian launch new private credit fund for Asia Pacific

PARIS: Tikehau Capital, a global alternative asset management group, and UOB-Kay Hian, a leading brokerage firm in Southeast Asia, have announced the launch of a new private credit fund for Asia Pacific. The fund aims to provide financing to mid-sized corporates in the region, focusing on growth, working capital, and refinancing lending. Both sponsors have…

EnTrust Global acquires maritime and energy fund manager Offshore Merchant Partners

EnTrust Global, a leading alternative asset management firm, has agreed to acquire Offshore Merchant Partners (OMP), a fund manager in the maritime and energy industries, to expand its Blue Ocean strategy. The Sale and Purchase Agreement has been signed and the transaction is expected to close in the first quarter of 2024, subject to customary…