Ascertis Credit passes $700m for fourth fund, targeting $1bn final close
Monday, October 26, 2026 · first reported by AltAssets and 1 other
Ascertis Credit has passed $700 million of commitments for its fourth private credit fund, which is aiming for $1 billion and has not reached a final close. AltAssets says the total exceeds the $600 million raised for the previous fund.
The latest close brought re-ups from existing investors and first-time commitments from global and Indian insurers, development finance institutions and family offices. Head of Ascertis Credit Group Kanchan Jain told The Economic Times the fund targets mid-teen returns and has begun deploying capital, planning 35 to 40 portfolio companies. The strategy focuses on Asia excluding China, mainly India, Singapore and Southeast Asia.
- Firm
- Ascertis Credit
- Fund
- Ascertis Credit Fund IV
- Size
- $700M
- Stage
- Interim close
- Asset class
- Credit
- Geography
- Asia-Pacific
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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