Neo raises ₹6,200 crore for second credit fund; targets 35-40 investments
Tuesday, November 3, 2026 · first reported by Fortune India and 1 other
Neo Alternative Asset Managers has reached the final close of Neo Special Credit Opportunities Fund-II, its second private credit fund, with commitments of ₹6,200 crore against an initial target of ₹5,000 crore. Family offices and institutional investors are among the backers; no names were disclosed.
The fund, a Sebi-registered Category II AIF per Fortune India, will provide structured financing to established Indian businesses, covering acquisitions, refinancing, growth capital and special situations. It plans roughly 35-40 investments of about ₹150 crore to ₹500 crore each. The first fund closed in June 2024 with ₹2,575 crore.
- Also named
- Neo Wealth and Asset Management
- Fund
- Neo Special Credit Opportunities Fund-II
- Size
- $654M
- Stage
- Final close
- People
- Puneet Jain
- 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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