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

The fund invests in structured credit financing transactions yielding mid 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 & 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 NBFC Avendus Finance Pvt. Ltd. (AFPL). This investment vehicle leverages on expertise of AFPL’s investment professionals and draws operating efficiencies from its due diligence & risk management practices. It thus offers superior returns to investors, by offering opportunities to the fund, to co-invest along with the NBFC in high quality mid-size companies in niche & high growth sectors requiring complex structured financing.