Avendus美国

2022年11月20日

孟买:金融服务公司Avendus将最终关闭第二结构性信贷基金₹1000卢比的很快从高净值个人和机构参与,Nilesh Dhedhi说,基金经理,Avendus结构性信贷基金,和头部,结构性信贷,Avendus金融。“₹目标基金规模的1000卢比(包括绿鞋机制)我们已经收到承诺为75%以上。我们做了我们的第一个关闭今年早些时候,随后关闭。我们有30%的资金和有部署在三个交易,同时为投资管道看更多的交易。我们可能会在几个月内关闭基金。”While it had raised the first fund entirely from HNIs, the second fund has also got commitments from institutional investors. “For this fund, several domestic institutions from insurance (life and non-life) and banking sectors are participating. We expect many more institutional investors to pick this asset class," he added. The Avendus Structured Credit platform has seen over 60 transactions in the last five years. The mid-to-high yield performing fund offers solutions to firms and promoters with high quality differentiated businesses, including growth financing, acquisition financing, capex financing, and bridge-to-next round of equity financing and for initial public offerings. “It expands the entire capital structure spectrum allowing customized capital for the type of investment. It is a sector-agnostic fund. However, some sectors where we have many deals include pharma and healthcare, IT services, specialty chemicals, manufacturing and B2B services. Sectors where we are not active are real estate, and infrastructure," said Dhedhi. Avendus exited all the nine investments from its first fund, Avendus Structured Credit Fund I, at a gross internal rate of return of around 18%. It plans to expand the structured credit business’ investment strategy to cater to a broader spectrum of demand.