Granite Asia opens private credit fund to wealthy investors via DBS

14 articles · Updated · Bloomberg · May 8

The Singapore-based firm is using DBS Private Bank to raise more capital for the vehicle, which held its first close last year.
According to a document seen by Bloomberg News, the fund targets an internal rate of return of about 16% to 20% a year.
It also aims to deliver investor cash yields of about 8% to 10%, expanding access beyond institutional backers to high-net-worth clients.

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