Asia real estate private credit fund commitments have reached USD165m for Sumitomo Mitsui DS Asset Management and Aravest Private Funds, marking the first in a planned pipeline of private credit products under SMBC Group’s private markets platform. The strategy launched in 2025 with USD120m and expanded after additional commitments, Sumitomo Mitsui DS said. The fund can invest across the property asset life cycle, including construction, bridge and stabilised stages. The laun