Digital wealth platform Syfe has partnered with BlackRock to provide Accredited Investors in Singapore access to US middle market private credit opportunities, the companies said.
The collaboration will give Syfe’s clients exposure to BlackRock’s US middle market direct lending strategy, part of a global credit platform managing over $63 billion in assets as of end-2024.
BlackRock will grant Syfe exclusive marketing rights for the product in Singapore for a limited time.
Private credit, which refers to loans directly extended to companies, has become one of the fastest-growing segments in private markets, offering potentially higher yields and lower volatility compared to public bonds.
With this partnership, Syfe aims to broaden access to institutional-grade investments that have typically been limited to large institutions or ultra-high-net-worth individuals.
“This marks a new chapter in making wealth-building tools more accessible,” said Ritesh Ganeriwal, Syfe’s Head of Investment and Advisory. “We are proud to be the first digital platform in Singapore to offer this strategy with BlackRock.”
George Maltezos, Head of Capital Formation for APAC at BlackRock, said private markets are “shaping the future of wealth,” and this move will help empower more investors through diversification.
Syfe manages over $10 billion in assets and has positioned itself as a leading digital wealth platform in Asia-Pacific through its tech-driven and transparent approach.
Business News Asia