Surge in interest, capital into private credit as investors retool portfolios

[SINGAPORE] More capital has been flowing into private credit, amid growing interest among accredited investors.

“Private credit is definitely gaining momentum in markets like Australia, Singapore and Korea and is viewed as a capital option,” said Kerwin Clayton, co-head of global corporate banking, Asia Pacific at JPMorgan.

According to a survey by data platform Preqin, nearly half of about 450 investors (49 per cent) were intending to make an allocation to a private debt fund by the third quarter of 2025, and 29 per cent by the fourth quarter.