Asian consortium launches distressed debt fund
The Singapore-based Asian Debt Fund begins marketing.
The Asian Debt Fund (ADF), a recently launched distressed debt fund covering the Asia ex-Japan region, will soon begin marketing. The Singapore-based fund is sponsored by three key investors, including Finansa, a Bangkok-based investment bank; Japan Asia Investment Corporation (JAIC), a Tokyo-based venture capital company; and Japan's Bank Aozora.
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