Why Granite Asia’s US$500M credit strategy matters for SEA firms
Granite Asia has exceeded the US$500 million target for Libra Hybrid, its pan-Asia private credit strategy, in a sign that institutional investors are still looking for ways to back Asian growth companies even as equity funding remains selective. The Singapore-headquartered investment firm said the latest commitments came from a leading insurer, DBS Private Bank and […] The post Why Granite…
Granite Asia's recent achievement of exceeding the US$500 million target for its pan-Asia private credit strategy, Libra Hybrid, highlights the continued demand for investment in Asian growth companies. Despite selective equity funding, institutional investors, including leading insurers, banks, and sovereign wealth funds, are still seeking opportunities to support the region's mid-market businesses.
These companies often face challenges in accessing traditional financing due to their size, maturity, or complex financial structures. Libra Hybrid aims to bridge this financing gap by offering hybrid capital, which combines elements of debt and equity, providing companies with greater flexibility and investors with downside protection.
The strategy focuses on companies undergoing transformative growth, such as those expanding supply chains, entering new markets, or modernising through technology.
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