CPP Investments sees increased activity in APAC private credit

CPP Investments, the investment arm of the Canada Pension Plan, expects increased activity in private credit markets across the Asia Pacific in 2024. Raymond Chan, managing director and head of Asia Pacific credit at CPP Investments, pointed out that an estimated two-thirds to 80% of private credit in Asia used to be run by bank financing. With changes taking place in the financing sector across the region, the market is shifting and offering opportunities for private credit inv…