Modulus Launches ₹2,000 Crore Private Credit Fund for Indian Mid-Market

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AuthorKavya Nair|Published at:
Modulus Launches ₹2,000 Crore Private Credit Fund for Indian Mid-Market
Overview

Modulus Alternatives ne apna teesra private credit fund, MCOF III, ₹2,000 crore ke target ke saath launch kiya hai. Ye fund India ke mid-market segment mein performing private credit opportunities ko target karta hai, senior-secured lending par focus karta hai aur 16% annual IRR provide karne ki ummeed hai. Ye initiative India ki mid-sized companies ko hone wali credit gap ki problem ko solve karne ke liye hai.

Fund Structure and Strategy

Modulus Credit Opportunities Fund III (MCOF III), jo ek SEBI-registered Category II Alternative Investment Fund hai, 5 saal ki tenure ke liye structured hai. Ye India ke mid-market companies mein performing private credit opportunities par focus karega. Fund ki investment strategy senior-secured lending par based hai. Target sectors mein chemicals, healthcare, pharmaceuticals, industrials, clean energy, aur auto ancillaries shamil hain.

Proven Track Record

Modulus Alternatives ka successful deployment ka ek strong track record hai. Inke pichle do funds ne milkar 29 transactions mein ₹3,150 crore se zyada deploy kiye hain. Khaas baat ye hai ki firm ne apne existing portfolio mein zero credit losses report kiye hain. 18 successful exits ne investors ko ₹1,900 crore se zyada return diye hain.

Management and Market Opportunity

Alok Agarwal, Equity Partner at Modulus Alternatives, ne bataya ki firm ka ambition hai ki wo scale kare aur saath hi rigorous credit underwriting aur portfolio monitoring maintain kare. Centrum Group ke Executive Chairman, Jaspal Bindra, ne risk management aur capital preservation par focus karne ki baat kahi. Ye fund launch aise time par ho raha hai jab kai Indian mid-market companies ko traditional bank financing access karne mein dikkat aa rahi hai. Modulus MCOF III ko is structural credit gap ke solution ke taur par pesh karta hai, jo diversified, senior-secured lending par focus karta hai aur strong governance se backed hai.

Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.