KUALA LUMPUR: Maybank Asset Management Sdn Bhd (MAM) has launched the MAMG Global Private Credit Fund, a feeder fund aimed at providing long-term capital appreciation and income through investments in the LGT Global Private Credit S.A., SICAV-RAIF.

In a statement, MAM said the fund is offered through a strategic partnership with LGT Capital Partners, a Switzerland-based alternative investment specialist, and marks MAM’s expansion of its private-markets offerings for high-net-worth (HNW) investors in Malaysia.

MAM said the launch also makes it the exclusive third-party entity to offer the strategy to individual investors in Malaysia.

MAM chief executive officer Hisham Hamzah said the launch reflects the company’s long-term approach in growing its private markets capabilities.

“For us, this is more than a new fund launch. At MAM, we have been deliberate in how we expand our private markets capabilities, and every step has been taken with a clear view of where we want to be over the next decade.

“Partnering with LGT Capital Partners to bring an established quality private credit strategy to Malaysian HNW investors is precisely the kind of move that defines that journey. We are building something that lasts,” he said.