Principal SE Asia mulls $250m fund to tap direct lending opportunities

Principal SE Asia mulls $250m fund to tap direct lending opportunities

Munirah Khairuddin, CEO of Malaysia & Global Shariah, and Managing Director of Strategic Distribution and Institutional Client Relations (SE Asia and Global Shariah), Principal.

Principal Southeast Asia (Principal), a joint venture between Nasdaq-listed Principal Financial Group (PFG) and Southeast Asian banking group CIMB Group Holdings Berhad, has identified private credit and direct lending strategies to mark its presence in the region’s private capital space.

Edited by: Padma Priya