BlackRock pauses fundraising for Asian private credit fund – reports
BlackRock paused fundraising for its latest Asian private credit strategy earlier this year, according to a report by Bloomberg.
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Bloomberg said people familiar with the matter said fundraising for the firm’s third Asia-Pacific private credit fund came to a standstill earlier in 2025 following the announcement in December that BlackRock was buying private credit firm HPS.
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BlackRock was reportedly targeting to raise about $1bn (£750m) for its third Asia-Pacific private credit fund, with fundraising starting in Q4 2023.
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BlackRock was contacted for comment.
