GSAM: Private Credit Fundraising Remains Solid

Bloomberg's 'The Asia Trade' is your go-to source for essential insights as the trading day kicks off in Asia. Broadcasting live from Tokyo and Singapore, hosts Shery Ahn and Avril Hong provide expert analysis and commentary from key figures in the industry, helping you stay informed about the major stories that influence global markets. This program is crucial for traders and investors looking to navigate the complexities of the Asian market.

Christian Stracke, the President of PIMCO, recently shared insights on the promising investment opportunities within the private credit market during a conversation with Avril Hong at the Milken Institute Asia Summit in Singapore. This discussion is significant as it highlights the growing interest and potential for returns in private credit, an area that could attract more investors looking for alternatives in today's financial landscape.

Arena Investors LP, a global multi-strategy investment firm, is closing its Singapore office as part of a resource reallocation strategy. This move highlights the challenges faced by investment firms in adapting to changing market conditions and could impact local employment and investment opportunities in Singapore.

Naver Corp.'s President of Investments, Namsun Kim, recently highlighted the importance of the company's collaboration with Dunamu, which runs South Korea's largest crypto exchange, Upbit. This partnership is significant as it positions Naver to leverage the growing cryptocurrency market, potentially enhancing its investment portfolio and technological capabilities. Kim's insights, shared during the Milken Institute Asia Summit 2025, underscore the strategic moves companies are making in the evolving digital finance landscape.

Yup Kim, the Chief Investment Officer of the Texas Municipal Retirement System, recently shared insights on growth opportunities for the fund, which manages an impressive $46 billion. Speaking at the Milken Institute Asia Summit 2025, Kim highlighted the potential for strategic investments that could enhance the fund's performance. This discussion is significant as it reflects the proactive approach of pension funds in navigating economic challenges and seeking sustainable growth, which ultimately benefits retirees and the broader community.

Goldman Sachs has outlined two key reasons why gold prices could surpass their forecast of $4,000 per ounce. The firm cites rising inflation and increased market volatility as significant factors driving demand for gold as a safe-haven asset. This insight is crucial for investors looking to navigate uncertain economic conditions, as it highlights the potential for gold to serve as a hedge against financial instability.

Charles Hoskinson, the co-founder of Ethereum and CEO of Input Output Group, predicts that Bitcoin could reach approximately $250,000 by mid-2026. This optimistic forecast was shared during an interview at TOKEN2049 in Singapore, a major digital asset conference. Hoskinson's insights are significant as they reflect growing confidence in the cryptocurrency market, potentially influencing investor sentiment and market dynamics.

Circle President Heath Tarbert recently highlighted the crucial role of stablecoins in shaping the future of the Internet financial system during an interview at TOKEN2049 in Singapore. This discussion is significant as it underscores the growing importance of digital assets in global finance, especially in a rapidly evolving digital economy.

Robinhood's co-founder and CEO, Vlad Tenev, is making waves by investing heavily in the prediction market, a move he discussed during TOKEN2049 in Singapore. This is significant as it highlights Robinhood's commitment to innovation in the digital asset space, potentially reshaping how people engage with financial predictions and investments.

At TOKEN2049 Singapore, Haseeb Qureshi, Managing Partner at Dragonfly, shared his insights on investing in digital asset treasuries. His perspective is particularly relevant as the digital asset market continues to evolve, offering new opportunities for investors. This discussion highlights the growing importance of digital assets in financial strategies, making it a key topic for those interested in the future of finance.

Bloomberg's 'The Asia Trade' is your go-to source for the latest insights and analysis as the trading day kicks off in Asia. With live coverage from Tokyo and Singapore, hosts Shery Ahn and Avril Hong bring you expert commentary from key figures in the industry, helping you stay informed about the major stories that influence global markets. This program is essential for anyone looking to navigate the complexities of trading in the Asian market.

Coinbase is making significant strides in its international expansion, with a focus on key markets such as the European Union, United Arab Emirates, and Singapore. Chief Business Officer Shan Aggarwal shared insights during TOKEN2049 Singapore, highlighting the company's commitment to tapping into these vibrant markets. This expansion is crucial as it positions Coinbase to better serve a growing global customer base and adapt to diverse regulatory environments.

Taylor Swift's latest project, 'Life of a Showgirl,' has officially launched with a robust global promotion strategy. This initiative not only showcases her artistic evolution but also highlights her ability to connect with fans worldwide. The excitement surrounding this launch reflects Swift's significant impact on the entertainment industry and her continued relevance in pop culture.

Hitachi's shares have seen a significant surge following their recent partnership with OpenAI. This collaboration is expected to enhance Hitachi's technological capabilities and drive innovation in various sectors. Investors are optimistic about the potential growth and advancements that this partnership could bring, making it a noteworthy development in the tech industry.

Thunder Mountain Gold has announced a correction to its recent private placement, adjusting the total to 10 million units. This change is significant as it reflects the company's ongoing efforts to optimize its capital structure and ensure adequate funding for its projects. Investors and stakeholders will be keen to see how this adjustment impacts the company's financial strategy moving forward.

China's electric vehicle stocks have taken a hit following Tesla's announcement of record quarterly deliveries. This news is significant as it highlights the competitive pressure on Chinese manufacturers in the EV market, raising concerns about their ability to keep pace with Tesla's growth. Investors are closely watching how this will impact the future of the automotive industry in China.

The Thai baht is on track to achieve its largest annual gain against the US dollar in six years, which is a significant development for the country's economy. This rise presents both opportunities and challenges for the newly appointed Prime Minister Anutin Charnvirakul's government, as they navigate the implications of a stronger currency on trade and inflation.

Despite the ongoing challenges in US politics, there's a notable resilience in the economy, often referred to as 'animal spirits.' This term captures the confidence and enthusiasm of investors and consumers, which is crucial for economic growth. The ability of the market to thrive amidst political uncertainty highlights the underlying strength of the economy and suggests that optimism can prevail, driving innovation and investment.