PROJECT

Projects

Summary of Investment Information

Project Number

49560

Company Name

Orion Secured Direct Lending Fund III, LP

Date SPI Disclosed

Aug 17, 2024

Country

Singapore

Region

East Asia and the Pacific

Projected Board Date

Sep 30, 2024

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Nov 12, 2025

Department

Regional Industry - FIG Asia & Pac

Industry

Funds

Previous Events

Approved : Nov 18, 2024
Signed : Jan 23, 2025
Invested : Nov 7, 2025

Sector

Other Non-Private Equity Fund

Project Description

  The proposed Project entails an equity investment of up to US$65 million for IFC’s own account in DFP, Orion Secured Direct Lending Fund III (B) LP (“Fund”) which has a target fund size of US$400-500 million. The Fund is managed by Orion Credit Capital Asia Pte. Ltd (“Orion”), a licensed investment manager in Singapore. The Fund will provide senior secured loans to small to mid-market companies across Asia-Pacific (“APAC”) to support sustainable financing. Key markets would include India and Southeast Asia (“SEA”).                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation