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Is Korea the next hot destination for private credit? This investor thinks so

Traffic at night in Gangnam, Seoul, South Korea

Hong Kong-based distressed debt investor SC Lowy is launching a new Korea-focused private credit fund to meet the growing investment needs of institutional and family office investors. The new fund aims to raise around US$800 million by the end of this year or by the first quarter of next year, according to Lee Soo Cheon, co-founder and CIO of the…

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