Aditya Birla Sun Life AMC Announces First Close Of ABSL Structured Opportunities Fund Series 2
FinTech BizNews Service
Mumbai, July 7, 2025: Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. The asset manager has announced the first close of its Structured Opportunities Fund – Series II, a Category II Alternative Investment Fund (AIF), raising INR 700 crores, including co-investments. The fund aims to raise INR 1,250 crores with a greenshoe option of an additional INR 1,250 crores, aiming for a total possible mobilization of INR 2,500 crores.
Commenting on the first close, A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC Ltd., said, “The successful first close of our Structured Opportunities Fund – Series II is a strong endorsement of the trust placed in us by investors seeking attractive risk-adjusted returns in the private credit space. This maiden strategy is a natural extension of our deep investment expertise across sectors and our long-standing ecosystem relationships. With flexible drawdown structures to navigate market volatility, we have garnered strong traction across a broad investor base including institutional investors, HNIs, UHNIs and family offices and remain confident in our ability to unlock meaningful value while supporting the next wave of corporate growth.”
The fund, managed by Amit Kansal, Head Alternate Investments – Fixed Income at Aditya Birla Sun Life AMC Ltd.; focuses on performing credit opportunities, offering bespoke capital solutions across growth, strategic, and opportunistic requirements. With an emphasis on structured credit transactions for mid-to-large corporates in asset-heavy sectors like manufacturing, infrastructure and industrials, the fund seeks to build a diversified portfolio of 10–12 investments targeting mid-teens internal rate of return (IRR) range. Leveraging the extensive experience in the credit space and a robust governance framework, the fund has already deployed part of the committed capital across select opportunities in sectors such as chemicals, auto and financials. These deals are backed by well-established sponsor groups and feature strong collateral and cash flow profiles, aligning with the fund’s 4C investment philosophy – Character, Capacity, Collateral and Cashflows.
