CapitaLand Investment Limited (CLI), a global real asset manager, has achieved final close of the CapitaLand Asia Pacific Credit Program II (ACP II), reflecting continued investor demand for senior secured, asset-backed real estate credit strategies. ACP II is CLI’s second regional fund under its flagship real estate credit series, strengthening its platform with $320 million in total equity commitments and adding approximately $600 million to its funds under management.
Backed by tangible collateral, real estate credit offers downside protection and has seen rising institutional demand. APAC fundraising has reached $11.2 billion between 2020 and 2024, up more than 40 percent over the previous five-year period.
Kishore Moorjani, CEO, alternatives, private funds, said, “Real estate-backed credit is central to CLI’s credit platform and is structurally differentiated from private corporate lending. Our disciplined focus on senior secured, asset-backed investments po