IFM Investors opens SG office for Asian private markets growth
The asset manager targets regional deal origination and institutional capital.
Australian-based IFM Investors has opened its Singapore office in a bid to expand private markets business in Asia, focusing on diversified credit and institutional capital.
The asset manager said the new base will support local deal origination and execution across the region.
The expansion is also intended to help IFM pursue investment opportunities and attract capital from institutional investors, including pension funds, sovereign wealth funds, and insurers.
The office opening follows a $159.3m (A$175m) commitment from Export Finance Australia to IFM’s Asia-Pacific private credit capabilities under the Australian Government’s Southeast Asia Investment Financing Facility.
The funding is aimed at businesses in Southeast Asia across industrials, manufacturing, services, renewable energy, telecommunications, and real assets.
The firm operates from 18 offices across Australia, Europe, North America, and Asia.
$1 = A$1.10