The Asia Asset Management (AAM) Best of the Best Awards have officially named IFS Asset Management (IFSAM)as the winner of Singapore’s Fund Launch of the Year for 2026.
For over two decades, the AAM Awards have served as the industry benchmark for excellence in the Asia-Pacific financial sector. This year, the judging panel recognised the successful introduction of the IFSAM Private Credit Income Fund, noting its innovative design and immediate impact on the regional private markets landscape.
Redefining the Private Credit Structure
A primary differentiator for the award was the fund’s semi-liquid, open-ended design. Traditionally, private credit has been restricted to illiquid, closed-ended structures. IFSAM was recognised for bridging this gap, offering accredited investors a way to access institutional-grade, asset-backed lending without the traditional multi-year lock-up periods.
"This recognition reflects our focus on building private credit solutions that are thoughtfully structured, resilient across market cycles, and aligned with the evolving needs of investors." said Charis Liau, Chief Investment Officer of IFS Asset Management.
Key Factors for the Recognition:
- Structural Innovation: Solving the "liquidity trap" for Singaporean investors through a semi-liquid model.
- Asset-Backed Security: A disciplined focus on senior-secured, real estate-backed lending within the Asian SME sector.
- Institutional Pedigree: Leveraging nearly 40 years of credit DNA from IFS Capital Limited and the PhillipCapital Group.
"This accolade affirms not only the strength of IFSAM's flagship private credit strategy, but also our broader commitment to building high-quality, income-oriented private credit solutions designed to perform across market cycles," said Randy Sim, Group CEO IFS Capital.
Setting a New Standard
By embedding institutional governance and liquidity design from inception, the IFSAM Private Credit Income Fund sets a new benchmark for the sector. As we continue to address the SME funding gap in Asia, this accolade reinforces our commitment to delivering resilient, income-oriented solutions for our partners.
Read the Full Feature
To learn more about the award criteria and IFSAM’s strategic approach to the private credit market, read the full announcement in The Straits Times.



