Business Daily Media

Men's Weekly

.

Orion Capital Asia announces first closing of its third secured direct lending fund

SINGAPORE - Media OutReach - 9 October 2023 - Orion Credit Capital Asia Pte. Ltd. ("Orion Capital Asia"), a Singapore based private credit investment manager focused on direct lending in Asia Pacific, has reached the first close of its Fund III with up to US$205 million of subscriptions.

The new fund has already started deploying capital.

Orion Capital Asia works with both private equity sponsors and local entrepreneurs by providing medium term secured loans to middle market businesses that have been underserved by traditional banking channels. The investments are across diverse industry sectors, are used for growth capital, acquisition financing, and other corporate initiatives, and in many cases involve bespoke financing solutions spanning multiple jurisdictions.

Orion Capital Asia has demonstrated a strong investment track record built on direct origination, robust structuring, and prudent underwriting. Orion Capital Asia has invested more than US$400 million from each of its first two funds, and in aggregate has invested more than US$1.5 billion including co-lenders, offering investors access to stable income generating private credit opportunities in Asia Pacific. Orion Capital Asia does not invest in distressed assets.

OMERS, the defined benefit pension plan for municipal employees in the Province of Ontario in Canada, made an equity investment into Orion Capital Asia in 2020.

The ten-year old platform was selected "Best of the Best Midcap Private Debt House" by South Korea's pension funds and other major institutional investors in the "Best Asset Managers by Korean Investors 2020" awards by The Korea Economic Daily.

"We are very excited to have the first close of our third fund with top-tier global institutional investors," said Nitish Agarwal, CEO and CIO of Orion Capital Asia. "The success of this fund raising is a strong validation of our investment strategy and investment track record, and positions Orion well to capture the opportunity set in middle market direct lending in Asia Pacific that has become even more attractive in current market conditions."

"OMERS is delighted to be an investment partner in Orion Capital Asia. Our capital commitments to Orion have grown substantially since we made the equity investment into Orion three years ago," said Ani Deshmukh, Managing Director, OMERS Global Credit. "Asia is a growth region for OMERS, and we look forward to working alongside Orion Capital Asia to participate in the growth of mid-market credit in the region."

OMERS Global Credit seeks to deliver long-term and sustainable returns by investing across public and private credit strategies including liquid securities and structured investments, both directly and alongside best-in-class asset managers and direct lenders. It provides long-term, strategic and/or opportunistic capital to companies and partners in order to generate attractive risk-adjusted, stable cash returns for OMERS. OMERS is a jointly sponsored, defined benefit pension plan, with 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. Our members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children's aid societies across Ontario. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe – serving members and employers, and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.

Additional information:
For more information on Orion Capital Asia, please visit www.orioncapitalasia.com.
For more information on OMERS, please visit www.omers.com.
For any queries, please email info@ocacredit.com.
Hashtag: #orioncapitalasia #privatecredit #privatedebt #privatemarkets


The issuer is solely responsible for the content of this announcement.

Orion Capital Asia

Orion Capital Asia is a ten-year old Singapore based private credit investment manager focused on direct lending opportunities in Asia Pacific to middle market businesses that are owned by both private equity sponsors and local entrepreneurs. It seeks to be a reliable source of capital that is tailored to the borrower's needs and is value accretive, while achieving superior risk reward for investors through robust execution of the investment strategy. The medium-term loans finance organic growth, acquisitions, and other corporate initiatives where the businesses have been under-served by traditional banking channels. The loans are secured, across diverse industry sectors, and in many cases involve bespoke financing solutions to meet the borrowers' requirements spanning multiple jurisdictions. It does not invest in distressed assets.

News from Asia

HDBank: A Leading Vietnamese Bank Named Among ASEAN’s Top 5 in Corporate Governance for 2025

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 29 July 2025 - The Ho Chi Minh City Development Commercial Joint Stock Bank (HDBank) has been named one of the Top 5 Vietnamese listed compani...

Octa market outlook: navigating one of the most eventful weeks of the year

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 28 July 2025 - Forex traders are bracing for what could be one of the most pivotal trading weeks of the year. The calendar is packed with high-im...

Lee Kum Kee Supports the 2025 Asian Championship of World Chinese Cuisine

Where culinary elites are brought together to celebrate Asian gastronomyHONG KONG, CHINA - Media OutReach Newswire - 29 July 2025 - The 2025 Asian Championship of World Chinese Cuisine, organised ...

OPPO Launches AI Phone Reno14 Series and Upgraded AI-Powered Intelligent After-Sales Service System

SHENZHEN, CHINA - Media OutReach Newswire – 29 July 2025 - Following the recent global launch of the Reno14 Series—the latest OPPO AI phone featuring cutting-edge AI imaging capabilities and trend...

Hong Kong Developed Revolutionary Sauce EXOTICA UMAMI [EX M] Impresses Acclaimed International Chefs

Top Italian Restaurateur Paolo Monti of Hong Kong’s popular AMA Italian Ristorante adds new pork collar meat dish to menu incorporating innovative new seasoning sauceHONG KONG SAR - Media OutReach...

Vinmec Central Park Performs Vietnam’s First SEEG using AutoGuide Robotic Guidance System for a child diagnosed from refractory epilepsy

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 29 July 2025 – A major breakthrough in Vietnam's neurological treatment was recently achieved as doctors at Vinmec Central Park Internati...

VinFast joins the Association of Indonesia Automotive Industries

JAKARTA, INDONESIA - Media OutReach Newswire - 25 July 2025 - VinFast officially announced its membership in the Association of Indonesia Automotive Industries (GAIKINDO), marking a significant mi...

XTransfer Announces Over 700,000 Global Customers

Emerging Markets Become the "Blue Ocean" for Enterprises Going GlobalHONG KONG SAR - Media OutReach Newswire - 29 July 2025 - XTransfer, the World's Leading & China's No.1 B2B Cross-Border ...

Chun Wo Innovation Student Awards 2024 Successfully Concluded Four Outstanding Projects Showcase the Future of Engineering Innovation

HONG KONG SAR - Media OutReach Newswire - 29 July 2025 - Organised by Chun Wo Development Holdings Limited ("Chun Wo"), the Chun Wo Innovation Student Awards 2024 ("CWISA") concluded successfull...

HEIDELBERG agrees strategic partnership with defense specialist VINCORION

HEIDELBERG moves into defense industry VINCORION Advanced Systems GmbH specializes in power systems for safety-critical applications HEIDELBERG impres...

Small-Business Cash-Flow Playbook 2025

An educational guide to managing ATO debt, real-time super and growth finance in Australia’s new landscape Why ATO debt just became the most expe...

Landowners Offered $30,000 Per Year for Just 1 Hectare: The Rise of 5MW Battery Projects Across Australia

In a pivotal shift reshaping Australia’s renewable energy landscape, landowners in Queensland, New South Wales, and Victoria are being offered up ...

Major national security tech alliance launches with Aerologix a founding member

Australia’s leading drone intelligence pioneer bolsters sovereign tech power Australia’s leading aerial data and drone intelligence platform, Aer...

Chris Hancock AM Honoured as 2025 Communications Ambassador

SYDNEY Chris Hancock AM, former CEO of AARNet, has been awarded the prestigious Communications Ambassador title at the 2025 Telecommunications Indus...

Baby boomers are driving development feasibility leading to larger apartments

As residential developers continue to grapple with feasibility issues on apartment projects, the sector is struggling to deliver volumes of new st...

Hays launches FY25/26 Salary Guide: ‘Salary Paradox’ deepens as pay rises fail Australians

Rising dissatisfaction with pay, progression and perks is fuelling a new wave of career change in FY25/26, as Australians demand more from employe...

Sell by LayBy