Tether, Fasanara Target $3B for Private Credit Fund
10 Articles
10 Articles
Tether pushes into private credit with $400 million fund with Fasanara
Fasanara and Tether roll out $400m private credit fund
Private credit asset manager Fasanara Capital and stablecoin issuer Tether have launched a $400m (£295.3m) private credit fund. The firms have launched the Tether-Fasanara Lending Fund, with the jointly sponsored evergreen private credit vehicle targeting up to $3bn in third-party institutional capital. The fund’s structure embeds USD₮, a US dollar-pegged stablecoin, into consumer and small […]
Key points of the news: Tether and Fasanara Capital launched StableFund, a private credit fund anchored in $400 million of co-investment between both firms. The vehicle aims to capture up to $3 billion in third-party institutional capital to finance SMEs with an estimated gap of $5.7 billion. The fund operates in more than 60 ... Read more
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