• Firm’s APAC private credit AUM rises to US$1.24 billion
• Milestone supported by successful close of Strategic Investments IV (SI IV) and expansion of South Korea private credit strategy with ADIA

SC Lowy, a leading alternative asset manager, today announces that it is approaching US$1 billion in private credit deployment across the Asia-Pacific region since 2024, as the firm’s assets under management dedicated solely to APAC private credit, reach US$1.24 billion. The milestone underscores the region’s rapid emergence as one of the world’s most compelling markets for private credit, driven by shifting global capital flows and persistent funding gaps across high-growth economies.

The firm notes that tightening liquidity and compressed returns in the US and Europe continue to redirect institutional capital toward higher-yielding markets. In Asia, a fragmented banking landscape and rising borrower demand have created significant credit shortfalls, particularly among mid-sized and industrial companies in South Korea, India, Australia and Southeast Asia, opening the door for private lenders with specialized regional expertise.

Investor interest across APAC continues to strengthen, supported by robust GDP forecasts, large-scale infrastructure spending, and improving regulatory environments. With Asia expected to account for as much as 70% of global GDP growth in the coming years, access to specialized lenders is increasingly valued by global allocators. South Korea and India remain standout markets: India’s rapid economic expansion, strengthening legal frameworks, and tightly regulated banking sector are driving private credit opportunities, while South Korea’s conservative banking regulation has created meaningful space for flexible private lenders. SC Lowy’s focus on short- to medium-term senior secured lending, typically first lien, continues to deliver compelling risk-adjusted performance, generating deal IRRs of 17–22% in local currency (15–20% in USD).

Michel Lowy, Co-Founder and CEO of SC Lowy, said:

“Approaching US$1 billion in APAC private capital deployment marks a significant milestone and a clear validation of our strategy. It reflects our commitment to delivering superior risk-adjusted returns by anticipating market shifts and deploying capital where it’s most needed. Private credit in Asia is no longer simply an alternative to bank lending, it is reshaping capital provision across the region and supporting the next phase of economic growth.”

The firm’s momentum follows the successful final close of Strategic Investments IV (SI IV) on 31 October, with total commitments of US$417.4 million, more than 20% larger than its predecessor fund. Since SI IV’s initial close in December 2023, SC Lowy has deployed over US$300 million, drawing over 60% of committed capital to date, and is calling additional commitments prior to year end that will bring total deployment to approximately $350 million and increase capital drawn to 72%. The fund has already completed one full exit, generating a 20.7% IRR, along with additional partial exits and amortization. Its current portfolio spans South Korea, India and Thailand, with a growing pipeline in Australia across real estate, infrastructure, healthcare and consumer products.

Early performance metrics remain consistent with prior vintages, supporting a projected gross unlevered IRR of approximately 17% and a projected gross multiple of 1.4-1.5x. The fund is expected to be fully drawn by the end of 1H 2026.

In addition to SI IV’s success, SC Lowy has received further and additional commitments from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for its South Korea private credit strategy dedicated to real estate investments which was formed in 2024.

Soo Cheon Lee, Co-Founder and CIO of SC Lowy, added:

“We are delighted with the strong final close of SI IV and the continued support from ADIA. SI IV’s rapid deployment and early returns underline our disciplined approach and the strength of our pipeline. With a diversified portfolio and a deep regional presence, we remain well-positioned to capitalize on opportunities across real estate, infrastructure, healthcare, and consumer products throughout Asia-Pacific.”

ENDS

For more information, please contact:

GT

+44 20 3963 1889

sclowy@greentarget.co.uk

Jamie Tadelis

SC Lowy – Chief Product & Investor Officer

Jamie.Tadelis@sclowy.com 

About SC Lowy

SC Lowy is a leading alternative asset manager with $1.5 billion in assets under management, specializing in private credit across Asia Pacific and the Middle East. Founded in 2009, the firm operates out of nine global offices with a team of 40 experienced professionals.

At SC Lowy, we leverage our deep market expertise and local presence to overcome barriers to entry in fragmented markets. Our dedicated local teams cultivate long-standing relationships, granting us prime access to untapped investment opportunities. We focus on solid, cash-generating businesses and prioritize capital preservation, with a strong emphasis on downside protection through senior secured lending backed by hard assets.