Special credit fund research profile
Neo Asset Management is an India-focused alternatives manager with a special-credit platform aimed at structured and stressed opportunities. Its public record is more fund-launch and transaction oriented than portfolio comprehensive, so the profile separates disclosed fund targets from unverified current deployment.
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
Neo Asset Management uses a special credit, infra income, multi-asset approach across Mid-market special sits, infra yield.
Current evidence
Neo Asset Management closed its maiden Special Credit Opportunities Fund at ₹2,575 crore in June 2024 after 12 investments and two exits, and its current manager pages identify the follow-on NSCOF-II, NIIOF and Neo Prime vehicles. The manager’s GIFT City and SEBI disclosures name the responsible investment team and current registrations.
Strategy
Special credit, infra income, multi-asset
Sector focus
Mid-market special sits, infra yield
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
Neo Asset Management closed its maiden Special Credit Opportunities Fund at ₹2,575 crore in June 2024 after 12 investments and two exits, and its current manager pages identify the follow-on NSCOF-II, NIIOF and Neo Prime vehicles. The manager’s GIFT City and SEBI disclosures name the responsible investment team and current registrations.
Investor questions
Neo Asset Management is covered in Rupeia's private credit research universe. The current public record describes the strategy as Special credit, infra income, multi-asset, with a sector focus of Mid-market special sits, infra yield. 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 Neo Asset Management in the reviewed public sources: Neo Special Credit Opportunities Fund I, Neo Special Credit Opportunities Fund II, Neo Infra Income Opportunities Fund I, Neo Prime Fund. It does not represent a complete current portfolio unless the manager has published one.
Neo reported Special Credit Opportunities Fund I at ₹2,575 crore, with 12 investments and two exits in its public fund-raise communication. The manager’s stated ~22–24% gross IRR is a manager claim, not audited fund performance. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: Special Credit Opportunities Fund I reported at approximately ₹2,575 crore; final close and current fundraising should be re-verified.. Public terms or access information: Special credit and structured financing for Indian businesses; public sources do not state complete fees, carry, tenor or target return.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Nitin Jain, Hemant Daga, Puneet Jain. 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: The manager publicly discloses vehicle-level terms and fund activity but not a complete current borrower list or independently audited fund-level performance for every live strategy..
2024-06-11: Neo Asset Management closed its maiden Special Credit Opportunities Fund at ₹2,575 crore in June 2024 after 12 investments and two exits, and its current manager pages identify the follow-on NSCOF-II, NIIOF and Neo Prime vehicles. The manager’s GIFT City and SEBI disclosures name the responsible investment team and current registrations.
Next step
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