Clifford Chance advises SeaTown on formation of its third Private Credit Fund
29 August 2025
- Kai-Niklas Schneider, Chloe Cheng, Rebecca Liu, Nicole Chua, , Jefferey LeMaster, Luke Chen, , Andrew Nelson, Paul Koppel, Thomas Koh (He/Him), Richard Kalaher, Rebecca Pereira (She/Her), Jonas Vogelberg, Jihyun Lee
- Singapore, Tokyo, London, New York
Clifford Chance advises SeaTown on formation of its third Private Credit Fund
Global law firm Clifford Chance is advising leading Asia-focused alternative investment firm SeaTown Holdings International (SeaTown) on the formation of SeaTown Private Credit Fund III (PCF III). SeaTown recently announced the successful first close of PCF III, with over US$612 million in capital commitments.
Lead partner Kai-Niklas Schneider said, "We are delighted to support SeaTown once again as it expands its private credit platform. PCF III reflects the growing demand for bespoke credit solutions in Asia, and we are proud to contribute to SeaTown’s continued success in this space."
Kai led a cross-border Clifford Chance team in Singapore, Tokyo, London and New York, who advised on:
- Private funds aspects: Partner Chloe Cheng, senior associates Rebecca Liu and Nicole Chua, and associate Rachel Low in Singapore;
- Regulatory aspects: Partner Jeff LeMaster, counsel Luke Chen, senior associate Tomoki Goto and associate Andrew Nelson;
- ERISA aspects: Partner Paul Koppel and associate Thomas Koh; and
- Tax aspects: Partners Richard Kalaher and Rebecca Pereira, and associates Jonas Vogelberg and Jihyun Lee.
PCF III attracted a diverse and global investor base spanning the Middle East, Japan, Taiwan and Singapore. This transaction builds on SeaTown's growing private credit franchise and its successful deployments of PCF I and PCF II.
The firm previously advised SeaTown on the formation of PCF II.
