Neo Asset Management announces first close of Rs 2,000 Cr secondaries fund

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Neo Asset Management has announced the first close of its Rs 2,000 crore private equity fund, the Neo Secondaries Fund, after raising Rs 750 crore from investors.

Earlier this year, it marked the first close of its second flagship private credit vehicle, the Neo Special Credit Opportunities Fund II (NSCOF II), at Rs 2,000 crore. The fund, registered with SEBI, is targeting a total corpus of Rs 5,000 crore.

The SEBI registered…



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Neo Asset Management announces first close of Rs 2,000 Cr secondaries fund


Neo Asset Management has announced the first close of its Rs 2,000 crore private equity fund, the Neo Secondaries Fund, after raising Rs 750 crore from investors.

Earlier this year, it marked the first close of its second flagship private credit vehicle, the Neo Special Credit Opportunities Fund II (NSCOF II), at Rs 2,000 crore. The fund, registered with SEBI, is targeting a total corpus of Rs 5,000 crore.

The SEBI registered…



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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