11.10.2023
RV Capital Aims To Raise Up To $100 Million Through India Private Credit Fund
RV Capital Management, a Singapore-based asset fund manager, is aiming to raise $50 million to $100 million through its first India-performing private credit fund in the country.
With a total asset under management of $1 billion through its Asia funds, the company is looking to offer corporate financing through an equal mix of domestic and offshore investors.
“When we go to offshore investors, they want a proof-of-concept for the first fund in India, which is a small $50 to $100 million fund. Already in two months’ time, we have reached roughly a quarter of our target,” Ranodeb Roy, Co-Founder and Chief Investment Officer of RV Capital Management, told BQ Prime in an interview.
