Hogan Lovells Advises Indies Capital Partners on the Final Close of Its US300 million Fourth Flagship Private Credit Fund

Hogan Lovells Advises Indies Capital Partners on the Final Close of Its US$300 million Fourth Flagship Private Credit Fund

Press releases | 07 October 2025

7 October, Singapore  — Global law firm Hogan Lovells has successfully advised Indies Capital Partners on the final closing of its fourth flagship private credit fund, Indies Special Opportunities IV, which closed at over US$300 million, exceeding its target of US$250 million and more than doubling the size of its predecessor fund.

The fund focuses on private credit strategies in Southeast Asia and aims to provide flexible financing solutions to middle-market companies, supporting their growth and strategic initiatives. This latest fund marks a significant milestone for Indies Capital Partners as it continues to expand its presence in the Asia-Pacific private credit market, drawing strong interest from a diverse base of global and regional investors, including sovereign wealth and pension funds, life insurers, financial institutions, corporations, and family offices.

Hogan Lovells advised Indies Capital Partners on the structuring, legal and regulatory aspects of the fund formation, while providing guidance on the negotiations of fund terms with institutional investors.

Commenting on the successful fundraise, Thomas Kim, Partner at Hogan Lovells Singapore said, “We are very proud to have supported Indies Capital Partners over the years and on their flagship fundraise. Indies’ successful fundraise reflects the strength of their investment strategy and the exciting growth we are seeing in the private credit asset class in Asia-Pacific.”

Hogan Lovells’ team was led by Singapore-based partner Thomas Kim with support from associate Sean Tan and trainee solicitor Yun Xin Teoh.

About Hogan Lovells’ Asia Pacific Private Capital Practice

Hogan Lovells’ Asia Pacific Private Capital group is an integrated, multi-office practice covering fund formation, private equity, private credit and finance. We support private fund sponsors as they navigate the complexities of the investment landscape in the Asia-Pacific region and globally. Supported by the firm’s deep expertise in global expertise in global regulation, intellectual property and litigation, Hogan Lovells provides a full-service platform to private fund sponsors across all investment types and geographies.