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The Daily Read on Semi-Liquid Funds
Monday, October 5, 2026The Morning Brief →Sign in
asset manager

ASB Capital

In PWD coverage since October 5, 2026 · 3 stories
3Deals on our tracker
Deal recordFull tracker →
Oct 4, 26Fund launchStepstone · ASB StepStone Private Financing Fund — coverage
Oct 4, 26Fund launchPrincipal Asset Management — coverage
Oct 3, 26Fund launchStepstone — coverage
PWD coverage
vehicles

ASB Capital announces StepStone private credit and Principal multi-asset funds

Both are the Dubai firm's first fund partnerships involving private markets, and the announcement does not spell out the StepStone vehicle's repurchase terms.
The Close · Oct 5Morningstar finds 55% of advisors plan no private-markets additions as supply builds
funds · Oct 5StepStone and Dubai's ASB Capital launch Shari'ah-compliant lending fund
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