Archive · 2 Jun 2025
PL Asset Management Launches ₹500 Crore Performing Credit Fund
PL Asset Management, part of the Prabhudas Lilladher Group, has started a new investment fund called PL Capital Performing Credit Fund.
This fund is for wealthy investors and aims to help them make money while keeping their investments safe.
It will invest in debt of growing businesses, excluding those related to real estate.
The fund is aiming to collect ₹500 crore, with the possibility of raising another ₹500 crore.
The managers and advisors are experienced professionals.
The launch is in response to growing demand in the Indian private credit market, with a focus on alternative ways to invest in fixed income.
PL Asset Management launched its first Alternative Investment Fund (AIF), the PL Capital Performing Credit Fund.
The Category II AIF targets a corpus of ₹500 crore with an additional ₹500 crore greenshoe option.
The fund aims to provide capital protection and risk-adjusted returns through secured debt investments.
It will invest in both listed and unlisted mid-market companies, excluding real estate.
The fund is designed for ultra-high-net-worth individuals and institutional investors.
- Who
- PL Asset Management, part of the Prabhudas Lilladher Group.
- What
- PL Asset Management launched the PL Capital Performing Credit Fund.
- When
- Not specified
- Where
- India
- Why
- Due to growing demand in India’s private credit market and investor interest in alternative fixed-income strategies.
- Fund Name
- PL Capital Performing Credit Fund
- Fund Type
- Category II AIF
- Target Corpus
- ₹500 crore
- Greenshoe Option
- ₹500 crore
- Target Investors
- UHNIs, HNIs, Family Offices, and Institutional Investors
- Management
- Samir Satyam and Kapil Sachdeva
- Investment Committee
- Amisha Vora, Rajnish Kumar, Punita Kumar-Sinha, Nilesh Vikamsey, Abizer Diwanji
- Advisory Board
- Ashok Barat and Rajesh Narain Gupta