Asia-Focused Distressed Debt Fundraising
Over the past ten years, 26 Asia-focused distressed debt funds have closed, securing $7.8bn. Of those funds, just 13 had a focus on India or China, which raised $4.4bn. Seven of those vehicles were India-focused, while five were China-focused. However, 2015 and 2016 saw a jump in India- and China-focused fundraising, with two funds closing in each of those years and aggregate capital surpassing $1bn in both years.