Singapore, Thursday 08 May – Singapore-headquartered digital wealth platform Syfe is collaborating with BlackRock, the world’s largest asset manager, to provide Accredited Investors in Singapore access to its private credit strategy focusing on US middle market direct lending opportunities. Private credit is one of the fastest growing areas within private markets and this collaboration marks a significant step in democratising these investment opportunities. 

Clients of Syfe, one of Asia Pacific’s largest digital investment platforms with over US $10 billion in assets, will gain access to BlackRock’s US middle market direct lending strategy, part of a credit platform that currently oversees more than USD 63 billion in assets globally as of December 31, 2024. BlackRock will be providing marketing exclusivity in Singapore for this particular strategy with Syfe for a limited period. The collaboration provides Accredited Investors access to a curated product with exposure to high-quality, institutional-grade private credit opportunities at a fraction of the usual ticket size. 

“Syfe’s launch of BlackRock’s US middle market direct lending strategy unlocks access for our clients to products with exposure to high quality, institutional-grade private credit opportunities that are typically reserved for large institutional investors or ultra-high-net-worth individuals,” said Ritesh Ganeriwal, MD, Head of investment and Advisory at Syfe. “We’re incredibly proud to be the first digital investment platform in Singapore to offer this with BlackRock. This marks a new chapter in making wealth-building tools more accessible to investors.”

Private credit, referring to direct loans made to companies, is an alternative to public debt and bonds offering potentially higher yields and lower volatility and has been a go-to alternative for institutions, family offices and Ultra-High-Net-Worth investors in recent years. Designed to provide less exposure to market swings, these investments could be a more stable income source. Over the past decade, private credit funds have delivered average annual returns of around eight to ten percent^# – higher returns than traditional bond markets during the same period. Accredited Investors are individual investors who meet certain net worth or income criteria as stipulated by the Monetary Authority of Singapore. 

“Typically, investing in private credit and other private market opportunities requires significant capital, limiting the opportunities to a select few clients and a small number of funds. 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”, Ganeriwal added. 

“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,” said George Maltezos, Head of Capital Formation Team for APAC, BlackRock. “Through this collaboration with Syfe, we’re pleased to expand access to our US middle market direct lending strategy and empower Accredited Investors in Singapore to make smarter, more diversified investment choices.”

With the wealth management landscape evolving rapidly, Syfe’s unique combination of advanced technology, innovative products, quality advice and radical transparency, has positioned it as a leading player in the digital wealth management space. The collaboration with BlackRock strengthens Syfe’s commitment to delivering high-quality, diversified investment opportunities to its growing client base.