Focusing on secured debt investments in both listed and unlisted companies across diverse sectors (excluding real estate), the fund has a target size of INR 500 crore and a green shoe of INR 500 crore.
FinTech BizNews Service
Mumbai, 12 May, 2025: PL Capital – Prabhudas Lilladher Group’s Alternative Investment Management company has launched its first Alternative Investment Fund (AIF) – the PL Capital Performing Credit Fund, a Category II AIF. Designed to deliver capital protection and superior risk-adjusted returns, the fund offers structured private credit solutions to India’s mid-market corporates driving the next phase of India’s economic engine.
Focusing on secured debt investments in both listed and unlisted companies across diverse sectors (excluding real estate), the fund has a target size of INR 500 crore and a greenshoe of INR 500 crore. PL Capital Performing Credit Fund is committed to delivering the highest standards of governance through a combination of financial market experts, distinguished advisory board and investment committee, diligence and legal specialists, and a best-in-class investment team with over 150 years of cumulative experience.
India’s private credit market has grown rapidly as mid-sized and emerging companies seek flexible funding solutions. Recent market estimates project the high-yield credit market to cross USD 50 billion by 2026, driven by investor interest in income-focused alternatives beyond traditional fixed-income products. The PL Capital Performing Credit Fund addresses this demand, offering investors regular returns through loan interest and amortisation, along with potential event-linked upsides that yield premium returns with low correlation to market volatility.
What sets this strategy apart is the PL Capital Edge. This includes PL’s legacy of over 80 years in capital markets, regulatory pedigree, and a robust origination engine that taps into PL’s corporate, institutional, and advisory networks.
