360 ONE Seeks $500 Million for Sixth Private Credit Fund
Updated
Updated · Bloomberg · May 19
360 ONE Seeks $500 Million for Sixth Private Credit Fund
3 articles · Updated · Bloomberg · May 19
$500 million is the target for 360 ONE Asset Management’s sixth private credit fund, with the launch possible as early as June, according to people familiar with the plans.
The vehicle is expected to pitch to wealthy individuals and family offices in India, alongside overseas institutional investors.
The fundraising push points to continued appetite for private credit in India even as fundraising has slowed in other markets.
With global capital fleeing other markets for India, can its burgeoning private debt sector sustain this growth without a meltdown?
As India's new super-rich fuel a shadow banking surge, what systemic risks are regulators and investors ignoring?