360 ONE Asset Closes Fifth Private Credit Fund, Raises Rs 3,500 Crore
360 ONE Asset Closes Fifth Private Credit Fund, Raises Rs 3,500 Crore
- •360 ONE Asset closed its fifth private credit fund, raising Rs 3,500 crore (USD 400 million) including managed assets.
- •Commitments for the fund came from a diversified pool including pension funds, insurance companies, family offices, and high-net-worth individuals.
- •The fund will provide structured and customized credit solutions to domestic corporates, focusing on capital preservation and attractive risk-adjusted yields.
- •Following this close, 360 ONE Asset's private credit business now manages Rs 15,200 crore (USD 1.7 billion) in credit assets.
- •CIO Aakash Desai highlighted investor trust and the company's ability to consistently deliver resilient, risk-adjusted returns.
