Pierfront Capital Fund Management Pte. Ltd. secured an initial $200 million for the Keppel-Pierfront Private Credit Fund, IPE Real Assets reported.

The Singapore-based fund manager and Keppel Capital are jointly sponsoring the real asset private credit fund, with a contribution of $100 million each at the first close, the March 30 report noted.

The investment vehicle intends to offer debt solutions to corporates or projects mainly in real asset sectors of the Asia-Pacific region.