Vivriti Asset Management (VAM), a private credit-focused alternative investment fund (AIF) management company, said on Wednesday it aims to achieve 25 to 30 percent annualized growth over the next five years, driven by the huge potential in the niche debt market.The company also plans to double its fundraising in the Kolkata market in FY27 as […]
Modulus Alternatives, an investment manager with a focus on the mid-market, is all set to unveil its third credit fund of Rs 2,000 crore for senior-backed private credit opportunities in its target universe, said CEO Sandeep Agarwal.The fund size includes a greenshoe option of Rs 1,000 crore. “We will continue to invest in high-performing mid-market […]
Steptrade Capital, an entity for investment management, has used about RS 177 CRORE for nearly 63 IPOs in the last 24 months and the placements of the Fund House on motherboard and SME emissions have yielded an average exhibition gain of approximately 35%, somewhat the growing role of the IPO-Peditional capital. Of the total deployment, […]
Lenders can invest up to 20% of AIF’s corpus at 15% allowed in design guidelines | Photocredit: Wutwhan Photo The reserve Bank of India relaxed Tuesday standards for the investments of lenders in regulations of alternative investment funds (AIFs), so that an individual credit entity up to 10 percent of the corpus of an AIF […]