Australian asset manager IFM Investors plans to deploy up to half of its approximately $1 billion private credit fund into other Asian markets to seize untapped opportunities and more lender-friendly deal structures. Currently, the majority of the fund's capital is allocated to Australia and New Zealand. Hiran Wanigasekera, Co-Head of Asia-Pacific Diversified Credit at IFM, stated that the near-term goal is to deploy about 25%-35% of the capital into Asian markets such as Southeast Asia and South Asia, ultimately balancing the Asian market portfolio at approximately half.