RBC Blue Bay Asset Management: Raising $300M to Target Emerging-Market Private Lending Business

RBC BlueBay Asset Management is stepping up its investment in emerging markets with a new $300 million fundraising initiative aimed at private lending.

This strategic move builds on their initial $170 million investment, which has already achieved an impressive 22% annual return in US dollar terms, according to a source familiar with the details who wished to remain anonymous.

The firm, a subsidiary of