Avendus Structured Credit Fund 1 (Fund) is a Category II close ended investment fund. The Fund has a target size of INR 250 crore with a greenshoe option of INR 250 crore.

The Fund invests in structured credit financing transactions yielding medium to high teen returns and also evaluates participating in equity upside. Investment strategy of the fund, led by Sandeep Thapliyal, is focused on mid-tier corporates and is sector agnostic except few sectors such as infrastructure and real estate. By leveraging on the firm’s established advisory and structured finance franchise, the Fund invests in attractive investment opportunities in its chosen market segment.

In addition to being the sponsor, Avendus group demonstrates significant commitment to this Fund by participating to the extent of at least 20% in each transaction through its Non Banking Financial Company (NBFC), Avendus Finance Private Limited (AFPL). This investment vehicle leverages on expertise of AFPL’s investment professionals and draws operating efficiencies from its due diligence and risk management practices. It thus offers superior returns to investors, by providing opportunities to the fund, to co-invest along with the NBFC in high-quality mid-size companies in niche and high growth sectors requiring complex structured financing.