Income Partners launches distressed fund

Income Partners, a Hong Kong-based credit-focused asset manager, has launched the IP Asian Opportunities Fund, an event-driven fund with a focus on special-situations credit and related equity in Asia. Deutsche Bank will provide structuring, technical and sales support to the manager, as well as contributing to the seeding of the fund. Using an umbrella structure, the fund allows investors to allocate capital to either the flagship commingled Opportunities Fund I or to managed accou…