The fund will focus on pharma and healthcare, special chemicals, manufacturing, business to business, FMCG, warehousing, logistics, financial services, and auto comp sectors, said Nilesh Dhedhi, Managing Director and CEO, Avendus Finance.
Private credit deals surge as high returns attract investors thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
'It was a highly conscious decision to stay out of real estate', Nilesh Dhedhi, MD & CEO, Avendus Finance - Industry News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
In an exclusive interview with Moneycontrol, Nilesh Dhedhi, Managing Director and CEO of Avendus Finance, delved into the intricacies of the private credit market and its ascent as a diverse capital solution
'Given that debt AIFs, by nature, target a higher portfolio return, it is likely to attract investors like HNIs, family offices, etc, looking for a higher yield debt product.'
Investors are puzzled about whether to purchase debt mutual funds before March 31st because the indexation benefit would end starting from April 1, 2023.
India: Avendus PE launches second credit fund with target corpus of $133m dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.