January Capital Raises $85 Million for Private Credit Tech Fund
- Fund is targeting private equity-backed technology firms
- Plans to raise as much as $150 million in total by 2025
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January Capital Pte Ltd., a Singapore-based asset manager, has raised over $85 million in an initial round of investor commitments for its growth credit fund, the company said in a statement.
The fund will provide loans to private equity-backed technology firms in the Asia Pacific region as it sees a growing gap in the funding needs of such companies.