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Bailey McCann, Opalesque New York:

SeaTown Holdings International, an alternative investment manager under Temasek's asset management platform Seviora Holdings has reached a first close on its third private credit vehicle at $612 million.

SeaTown provides bespoke financing solutions to corporates across the Asia Pacific region. The strategy employs a sector-agnostic approach, aiming to deliver compelling mid-teens net return and double-digit distribution yield for investors over the life of the fund.

"As markets evolve, private credit plays an increasingly import......................

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