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Syfe Expands U.S. Private Credit Offerings Through Tie-Up with BlackRock

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Syfe Expands U.S. Private Credit Offerings Through Tie-Up with BlackRock

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Digital wealth platform Syfe announced a collaboration with asset manager BlackRock to provide accredited investors in Singapore access to the latter’s private credit strategy.

Through this arrangement, Syfe clients can access BlackRock’s U.S. middle market direct lending strategy, which is part of a credit platform that managed over US$63 billion in assets globally as of 31 December 2024.

For a limited period, BlackRock will offer marketing exclusivity in Singapore for this specific strategy through Syfe.

The collaboration aims to provide accredited investors with access to institutional-grade private credit at a lower investment minimum than typically required.

Private credit, which involves direct loans to companies, serves as an alternative to public debt and bonds and has attracted institutional investors, family offices, and ultra-high-net-worth individuals.

Over the past decade, private credit funds have delivered average annual returns of around 8% to 10%, outperforming many traditional bond markets.

These investments are often designed for less exposure to market volatility.

Syfe, which manages over US$10 billion in assets, said the initiative reflects its broader commitment to expanding access to private market strategies.

Ritesh Ganeriwal
Ritesh Ganeriwal

“With this new strategy, Syfe has not only lowered the investment minimums to enable Accredited Investors to access more diversified strategies but has also removed the complex fees and sales charges often added by traditional platforms.

This is perfectly aligned with Syfe’s mission to empower people to build their wealth for a better future.”

said Ritesh Ganeriwal, MD, Head of investment and Advisory at Syfe.

George Maltezos
George Maltezos

“We believe private markets are shaping the future of wealth with private credit gaining significant traction in recent years and we’re excited to see the democratisation of such opportunities.

Through this collaboration with Syfe, we’re pleased to expand access to our U.S. middle market direct lending strategy and empower Accredited Investors in Singapore to make smarter, more diversified investment choices.”

said George Maltezos, Head of Capital Formation Team for APAC, BlackRock.

Featured image: Edited by Fintech News Singapore, based on image by Calvin Seng via Pexels

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