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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Private Credit Boom:
Buildings in Hong Kong
BlackRock Inc. is seeking to extend the investment horizon of its second Asia private credit fund and revise a key clause in the strategy, in the latest sign of complications as it tries to navigate the region’s private markets.
The world’s largest asset manager is proposing a 12-month extension for its Asia Pacific Private Credit Opportunities Fund II, or APCO II, as it looks to deploy outstanding capital, which is about 40% of the portfolio, according to document sent to investors earlier this week and seen by Bloomberg News. The fund’s investment period expired on Oct. 19, the document showed.

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