HSBC sees opportunities to lend against wealthy clients’ private assets, following its acquisition of the UK unit of Silicon Valley Bank (SVB), in a move that leverages its balance sheet …
In the survey of 492 wealthy investors roughly split between Hong Kong and Singapore, 87 per cent of Hong Kong respondents intend to increase their allocation to alternative asset classes, …
Private credit took off in the US after the 2008 global financial crisis. American banks shrank their balance sheets, and regulators introduced stringent capital rules, which created a lending vacuum …
Private credit has since grown to around US$2 trillion, according to the IMF, which is raising a red flag over the sector. While this is small relative to the size …
ADM Capital, a Hong Kong-based private credit manager with US$2 billion in assets, sees opportunities for non-bank capital providers to fill the financing gap, particularly Chinese companies seeking outbound investments …
Goldman Sachs and Abu Dhabi’s Mubadala sign US$1 billion private credit deal with eye on Asia-Pacific Goldman Sachs and Mubadala Investment, an Abu Dhabi sovereign wealth fund, will deploy US$1 …
Hong Kong’s sophisticated investor base is bringing lending expertise to Asia’s private credit market, giving further impetus to the rapidly growing asset class, according to the new head of the …
High interest rates and the changing economic landscape after the Covid-19 pandemic are some of the factors that are pushing some companies to private lenders for bridge financing. A pedestrian …
Hong Kong’s financial services industry employed 269,700 people in 2022, dropping about 3 per cent from the previous year, according to the Census and Statistics Department. Moreover, equity markets in …
That amount matches what she paid for the Repulse Bay land plot in 2011 at what was then the second-highest price per square foot ever paid in the city, HK$38,500 …