Special opps credit + RE credit fund research profile
360 ONE Asset is one of India’s largest private-credit platforms, providing senior-secured and special-situations financing across the capital structure. Its public framework emphasizes bespoke non-dilutive solutions, 5Cs underwriting and continuous monitoring across acquisition, refinance, growth and event-driven finance.
At a glance
Research profile
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
360 One Asset (credit) uses a special opps credit + re credit approach across Senior-secured lending, structured credit, special situations.
Current evidence
360 ONE’s current private-credit page names Aakash Desai, Ashish Kalani, Kavitha Subramanian and Rohit Popli on the credit team. FY25 India private-credit research identifies 360 ONE Asset as a lender in named transactions including API Holdings, Lenskart Solutions, Cleanmax Enviro Energy Solutions and Reliance Capital. Vehicle-level net returns remain manager-reported or not publicly disclosed.
Strategy
Special opps credit + RE credit
Sector focus
Senior-secured lending, structured credit, special situations
AIF structure context
Indian private credit, venture-debt and special-situations funds are commonly structured as Category II AIFs. Verify the specific vehicle and registration before investing.
Current signal
360 ONE’s current private-credit page names Aakash Desai, Ashish Kalani, Kavitha Subramanian and Rohit Popli on the credit team. FY25 India private-credit research identifies 360 ONE Asset as a lender in named transactions including API Holdings, Lenskart Solutions, Cleanmax Enviro Energy Solutions and Reliance Capital. Vehicle-level net returns remain manager-reported or not publicly disclosed.
Investor questions
360 One Asset private credit is covered in Rupeia's private credit research universe. The current public record describes the strategy as Special opps credit + RE credit, with a sector focus of Senior-secured lending, structured credit, special situations. The profile should be read with the linked source trail and Typical route: Category II AIF context.
The profile displays only company or asset names attributable to 360 One Asset private credit in the reviewed public sources: API Holdings / PharmEasy; Lenskart Solutions; Cleanmax Enviro Energy Solutions; Reliance Capital. It does not represent a complete current portfolio unless the manager has published one.
The manager reports more than $3 billion originated and $8 billion syndicated by a senior fund manager, ₹11,700+ crore capital churned, and no delinquencies or repayment delays in the displayed track record. These are manager-reported platform signals, not an audited fund-wide IRR. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: 360 ONE’s FY24 report identifies approximately ₹1,680 crore commitments for Income Opportunities Fund Series 4; broader private-credit platform scale is disclosed through capital deployed/churned metrics.. Public terms or access information: Senior-secured capital, acquisition finance, promoter consolidation, growth capital, refinance and event-driven financing; individual fund fees, carry and tenor are vehicle-specific.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Aakash Desai (CIO & Head – Private Credit); Ashish Kalani; Kavitha Subramanian; Rohit Popli (Senior Fund Managers). Verify current roles, departures, attribution and key-person provisions before relying on the team history for a new commitment.
Review borrower concentration, security and seniority, cash versus accrued income, defaults, recoveries, fund leverage and liquidity. The current open diligence point is: Independent fund-level IRR verification, vehicle-specific terms and a complete current credit-portfolio list remain unavailable; only named transactions supported by public evidence are retained..
2026-02-01: 360 ONE’s current private-credit page names Aakash Desai, Ashish Kalani, Kavitha Subramanian and Rohit Popli on the credit team. FY25 India private-credit research identifies 360 ONE Asset as a lender in named transactions including API Holdings, Lenskart Solutions, Cleanmax Enviro Energy Solutions and Reliance Capital. Vehicle-level net returns remain manager-reported or not publicly disclosed.
Next step
Share the allocation question, ticket size, liquidity constraints and existing exposure. Rupeia can determine whether this profile needs a deeper decision-support brief.