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- by manilatimes.net
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CapitaLand Investment expands private credit fund business to South Korea with the close of maiden KRW 180 billion fund
Forms strategic partnership with Korea Investment & Securities, signifying ambition to further grow CLI's private credit portfolio in South Korea Deploys KRW 40 billion loan for a data centre development in Guro, Seoul SEOUL, South Korea, Feb. 20, 2025 /PRNewswire/ -- CapitaLand Investment Limited (CLI), a leading global real asset manager, has closed its first South Korea private credit fund with a total equity commitment of KRW 180 billion[1] (S$169.2 million[2]), increasing its funds under management in its focus market of South Korea to S$3.1 billion. The CapitaLand Korea Investment No. 1 Private Equity Fund (PEF) will invest in construction, asset-backed or mortgage loans for diversified asset classes such as data centre, lodging, office or residential in gateway cities in South Korea.