•InCred Alternative Investments successfully closed its maiden special opportunities credit fund (ISOF-I) at its hard cap of ₹1,500 crore.
•This achievement boosts InCred's total assets under management (AUM) in private credit strategies to over ₹4,000 crore.
•ISOF-I, a Category II AIF, attracted commitments from domestic family offices, ultra-high-net-worth individuals, and international investors.
•The fund focuses on traditional sectors with tangible asset backing and stable cash flows, with 75% of the corpus already deployed across various industries.
•The fundraise highlights the growing interest and opportunities in India's private credit market, addressing a supply-demand gap in capital.
InCred Alternatives will deploy the remaining corpus of its special opportunities fund into traditional sectors with tangible asset backing and stable cash flows.
The NHAI InvIT fund will boost the Indian highway sector by financing new projects and expanding its portfolio.
The private credit market's growth potential is currently facing headwinds due to tighter liquidity conditions for banks and a cautious IPO market.
