Dawson Partners is expanding its global footprint with a new office in Hong Kong as it targets rising demand in Asia’s fast-growing private credit market, according to a report by Bloomberg.
The firm, which manages more than $25bn in assets, said the move will strengthen its capital-raising capabilities across the Asia-Pacific region and deepen engagement with institutional investors. The expansion includes the appointment of Rachel Guan, formerly of First Avenue Partners, to lead regional efforts, alongside the relocation of long-time executive Yulhee Kim to support operations in Hong Kong.
Dawson has been steadily broadening its platform in recent years, opening offices in London and New York and developing new strategies across private markets. Its core business includes providing liquidity solutions for private equity fund investors as well as financing for portfolio companies.
The firm has also recently launched a credit secondary strategy and is preparing for a new fundraising cycle following the close of its previous fund at around $7.7bn last year.
The Asia-Pacific private credit market is projected to expand significantly, with estimates suggesting growth from $59bn in 2024 to $92bn by 2027, driven by activity in key markets including Australia, India, Japan and Singapore.
