Hillhouse’s First Private Credit Fund to Raise Some $700 Million

Hillhouse’s First Private Credit Fund to Raise Some $700 Million

Elham Credit Partners, the private credit arm of Hillhouse Investment, is set to get anchor commitments of $700 million to $750 million for the first close of its inaugural private credit fund, according to people familiar with the matter.

Hillhouse’s Elham nears $750m first close for debut private credit fund

Elham Credit Partners, the private credit arm of Hillhouse Investment, is poised to secure anchor commitments of $700m to $750m for the first close of its inaugural private credit fund, according to a report by Bloomberg. The report cites unnamed sources familiar with the matter as highlighting that the Singapore-based manager is targeting a final fund size between $900m and $1.1bn, with a first close expected as early as late June. Hillhouse an…