GIC is reportedly a prospective investor in the continuation fund, which values the South Korean gas manufacturer at $3.18 billion, up 13.5% from 2023.
Blackstone Strategic Partners X has secured approximately 73% of its $22 billion target.
In this presentation, VP Fabien Meyer examines key findings from TR Capital's whitepaper on the Asian secondary market, exploring its turning points and the scale of potential opportunities.
The strategy, anchored by a Korean institutional investor, has adopted an evergreen semi-liquid structure aimed at capturing emerging credit secondary opportunities throughout the cycle.
The AI-powered coding platform raised $400 million in March at a $9 billion valuation, nearly three times its level six months earlier.
The firm has partnered with Channel Capital to distribute its private equity and private credit secondary funds to wholesale investors.
