India
The fund marks HDFC AMC’s foray into India’s private credit space.
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The BetterInvest Media Vision Fund-1 will focus on movie and content production financing.
The fund is targeting a final corpus of Rs 1,500-2,000 crore.
The latest fundraise brings Anicut Capital’s total AUM to about Rs 4,500 crore across debt and equity strategies.
Rest of Asia
Elham is seeking to raise $1 billion for its inaugural fund.
Singapore
The fund drew commitments from institutional investors including Japan’s SBI Holdings.
It raised $612 million at its first close in August.
The firm’s debut pan-Asia private credit fund has made a first close of $350 million.
Malaysia
The fund hit the first close at $135 million in December 2024.
The fund will invest in performing and cash-flowing Indian companies.