Neo Asset Marks First Close Of Second Private Credit Fund At INR 2,000 Cr

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SUMMARY

The Neo Special Credit Opportunities Fund-II (NSCOF II) is targeting a total corpus of INR 5,000 Cr from high-net-worth individuals (HNIs) and multiple family offices.

The fund is a SEBI-registered Category II AIF aimed at providing credit solutions to EBITDA-positive companies. 

Neo’s first private credit, Neo Special Credit Opportunities Fund-I, was closed at INR 2,575 Cr in June 2024

Fintech Neo Group’s asset management arm, Neo Asset Management, has marked the first close of its second flagship private…



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Neo Asset Marks First Close Of Second Private Credit Fund At INR 2,000 Cr


SUMMARY

The Neo Special Credit Opportunities Fund-II (NSCOF II) is targeting a total corpus of INR 5,000 Cr from high-net-worth individuals (HNIs) and multiple family offices.

The fund is a SEBI-registered Category II AIF aimed at providing credit solutions to EBITDA-positive companies. 

Neo’s first private credit, Neo Special Credit Opportunities Fund-I, was closed at INR 2,575 Cr in June 2024

Fintech Neo Group’s asset management arm, Neo Asset Management, has marked the first close of its second flagship private…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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