[Foreign Media: Asian Private Credit Fundraising Drops to 12-Year Low] Odaily Planet Daily News – Affected by corporate bankruptcy risks, high interest rates, and macroeconomic uncertainties, fundraising for Asian private credit funds continues to cool. According to PitchBook data, only 5 Asian private credit funds completed fundraising in the first half of this year, raising a total of $1.2 billion, marking the lowest level for the same period in at least 12 years. In comparison, 29 funds raised $9.5 billion during the same period in 2025. If the fundraising pace remains unchanged in the second half of the year, 2026 will become the quietest year for the Asian private credit market in at least 12 years. Over the past year, the collapse of multiple borrowing companies has led to large-scale redemptions by retail investors from private credit funds. However, some large institutions are still increasing their positions against the trend, hoping to seize opportunities created by the withdrawal of retail funds. For example, Singapore's Temasek announced plans to increase its private credit allocation ratio from 2% to 5% by 2031. (Financial Times)