Orion Credit Capital Asia (Orion Capital Asia), a Singapore based private credit investment manager focused on direct lending in the Asia-Pacific region, has reached the first close of its Fund III with up to $205m of capital commitments. The new fund has already started deploying capital.
Orion Capital Asia works with both private equity sponsors and local entrepreneurs by providing medium term secured loans to middle market businesses that have been underserved by traditional banking channels. The investments are across diverse industry sectors, are used for growth capital, acquisition financing, and other corporate initiatives, and in many cases involve bespoke financing solutions spanning multiple jurisdictions.
Orion Capital Asia has invested more than $400m from each of its first two funds, and in aggregate has invested more than $1.5bn including co-lenders. The firm does not invest in distressed assets.
