Temasek's Starvino and Nuveen Private Capital's Churchill Asset Management have raised approximately $400 million in a financing instrument designed to provide institutional investors with access to private equity opportunities in Asia and the US. These funds are included in a guarantee fund debt document, which is a financing instrument for issuing securities supported by interests in alternative assets. This approach usually turns relatively illiquid private market investments into structured products. The two asset management platforms said that the investment instrument has now been raised and will invest in Xingweinuo's fund strategies in Asian private equity credit and global funds, as well as Churchill's US secondary capital and private equity secondary market strategies. They added that this rated structured product has 50% exposure to each of the two platforms and has now been oversubscribed, particularly from US insurance companies.

Temasek's Starvino and Nuveen Private Capital's Churchill Asset Management have raised approximately $400 million in a financing instrument designed to provide institutional investors with access to private equity opportunities in Asia and the US. These funds are included in a guarantee fund debt document, which is a financing instrument for issuing securities supported by interests in alternative assets. This approach usually turns relatively illiquid private market investments into structured products. The two asset management platforms said that the investment instrument has now been raised and will invest in Xingweinuo's fund strategies in Asian private equity credit and global funds, as well as Churchill's US secondary capital and private equity secondary market strategies. They added that this rated structured product has 50% exposure to each of the two platforms and has now been oversubscribed, particularly from US insurance companies.