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Granite Asia Taps DBS Wealth Clients for Private Credit Fund as Asia’s Funding Gap Widens

By Abigail Cheong3 min read

Singapore, 8 May 2026 – Granite Asia is opening access to its private credit strategy through DBS Private Bank’s wealthy client base, strengthening its push into non-bank financing as Asian companies look for alternative sources of growth capital.

The fund, which reached its first close last year, has recently been made available to DBS Private Bank clients. It targets an internal rate of return of about 16% to 20% per year, with investor cash yields of around 8% to 10%, according to available fund information.

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Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.