Granite Asia exceeds US$500 million target for pan-Asia private credit fund

Granite Asia Raises $500 Million for Private Credit Fund

Singapore-based investment firm Granite Asia has raised more than $500 million for its Asia-focused private credit strategy, defying investor concerns about the asset class.

Granite Asia exceeds US$500 million target for pan-Asia private credit fund

DBS Private Bank comes on as investor in latest fundraising round Read more at The Business Times.

Granite Asia tops $500m for first private credit strategy two years after GGV split

Granite Asia has surpassed $500m for its first pan-Asian private credit strategy, marking a rapid expansion beyond the venture capital business it inherited from GGV Capital after the firm's US-Asia split in 2024. The post Granite Asia tops $500m for first private credit strategy two years after GGV split appeared first on AltAssets Private Equity News.

Granite Asia’s Libra Hybrid Book Cleared Its US$500 Million Private-Credit Target:

HedgeCo.Net — Granite Asia said it has raised more than its US$500 million target for Libra Hybrid, the pan-Asia private-credit strategy launched in 2025. DealStreetAsia reported the target-beat on Tuesday from the firm’s announcement. The Business Times and The Star independently printed the same exceedance. DealStreetAsia was explicit that the firm did not disclose the exact amount raised. Do not invent a final close. New commitments came from…

Granite Asia raises $500m for Pan-Asia private credit strategy

Granite Asia has raised $500m (£366.5m) for its Pan-Asia private credit strategy, with commitments from DBS Private Bank, a leading insurer and other institutional investors. The private credit strategy, Libra Hybrid, invests in mid-market companies in Asia and has completed eight transactions since launching in 2025. Investments span a range of sectors, including advanced manufacturing, […] The post Granite Asia raises $500m for Pan-Asia privat…

Granite Asia secures more than $500m for Asia-focused private credit strategy

Granite Asia has raised more than $500m for its Asia-focused private credit strategy, surpassing the initial fundraising target despite a challenging backdrop for the asset class globally, according to a report by Bloomberg. The Singapore-based investment firm launched the Libra Hybrid fund in mid-2025 with a $250m first close and an original target of $500m. Backers include Aranda Principal Strategies, a subsidiary of Temasek Holdings, DBS Priv…