Neo Asset Management has announced the first close of its second flagship private credit fund at Rs 2,000 crore. The fund targets a total corpus of Rs 5,000 crore and received interest from various investors.
Apr 08, 2025•3 months ago
Amount Raised
₹2 Billion
Description
Neo Asset Management has announced the first close of its second flagship private credit fund - the Neo Special Credit Opportunities Fund-II (NSCOF II) - at Rs 2,000 crore. The fund aims to create a portfolio of 25-30 investments ranging from Rs 150-300 crore. Targeting a total corpus of Rs 5,000 crore, NSCOF-II is designed to provide bespoke credit solutions to EBITDA positive companies. The firm has garnered interest from family offices, ultra-high net worth individuals, and institutional investors.