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Asian LPs rewrite private credit playbook

By Nishtha Asthana, AsianInvestor

Asian LPs are increasingly pivoting toward home-market strategies, alongside greater scrutiny on manager quality and liquidity structures.

Our Deputy CIO & Head of Private Investments, Eddie Ong, recently shared with AsianInvestor how DPI (distributed to paid-in capital) is emerging as a critical metric, signalling a growing preference for realised cash returns over modelled performance.

As more managers establish proven track records in Asian private credit, investors are also allocating more actively within the region, seeking structures that better align with their cash flow needs. Eddie adds that LPs are specifically seeking-income focused strategies with advantages in local origination and governance.

In a more competitive and evolving market, manager selection is increasingly critical with underwriting discipline and workout capabilities firmly in focus.

Read more at AsianInvestor (subscription may be required): https://bit.ly/3QJktvW

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