Tikehau Capital announced today that it has partnered with UOB-Kay Hian, Southeast Asia's largest investment dealer based in Singapore, to launch a new private debt strategy, for which they have committed to invest $50 million each.

This new private debt strategy aims to bring financing to mid-sized companies operating in resilient and defensive sectors in the Asia-Pacific region, with a focus on financing their growth.

Although Asia contributes 36% of global GDP, its share of global private debt assets under management stands at just 7%, a disparity that highlights strong growth potential, according to the alternative asset management company.

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