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Neo Asset Management has announced the first close of its second flagship private credit fund at Rs 2,000 crore. The fund targets a total corpus of Rs 5,000 crore and received interest from various investors.

Apr 08, 2025

Amount Raised

₹20 Billion

Round Type

Funding Round

MumbaiFinancial Services

Description

Neo Asset Management has announced the first close of its second flagship private credit fund - the Neo Special Credit Opportunities Fund-II (NSCOF II) - at Rs 2,000 crore. The fund aims to create a portfolio of 25-30 investments ranging from Rs 150-300 crore. Targeting a total corpus of Rs 5,000 crore, NSCOF-II is designed to provide bespoke credit solutions to EBITDA positive companies. The firm has garnered interest from family offices, ultra-high net worth individuals, and institutional investors.

Quick answer

Neo Asset Management Pvt. Ltd. raised ₹20 Billion in a Funding Round round, dated April 8, 2025. Neo Asset Management Pvt. Ltd. is based in Mumbai, Maharashtra, India.

How much did Neo Asset Management Pvt. Ltd. raise?
Neo Asset Management Pvt. Ltd. raised ₹20 Billion in a Funding Round round on April 8, 2025.
What does Neo Asset Management Pvt. Ltd. do?
Neo Asset Management is an alternative Asset Management arm of Neo Group providing credit and fixed income solutions to client needs across various alternative asset classes in India - Private Credit, Real Assets and..
Where is Neo Asset Management Pvt. Ltd. based and how big is it?
Neo Asset Management Pvt. Ltd. is based in Mumbai, Maharashtra, India. Fundz records about 200 employees.
Who are the decision-makers at Neo Asset Management Pvt. Ltd?
Fundz holds 1 contact at Neo Asset Management Pvt. Ltd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as Neo Asset Management Pvt. Ltd. that raised within 45 days of this round, from Fundz verified event records.

  • Monarch raised $75M (Series B) on May 23, 2025.
  • Figure Technology Solutions raised an undisclosed amount (Debt Financing) on May 22, 2025.
  • Airwallex raised $300M (Series F) on May 21, 2025.
  • Kennedy Funding raised $4.2M (Seed) on May 20, 2025.
  • True Markets raised $11M (Funding Round) on May 20, 2025.
  • Slash raised $41M (Series B) on May 20, 2025.

Who to call at Neo Asset Management Pvt. Ltd., and when

A new round usually means Neo Asset Management Pvt. Ltd. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Neo Asset Management Pvt. Ltd. raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Neo Asset Management Pvt. Ltd.

Location

Mumbai, Maharashtra, India

About

Neo Asset Management is an alternative Asset Management arm of Neo Group providing credit and fixed income solutions to client needs across various alternative asset classes in India - Private Credit, Real Assets and Core Credit. Our purpose is to have a constructive impact on the Indian economy by providing a flow of essential long-term credit solutions to companies and businesses that contribute to the sustainable growth of the economy and society. We provide bespoke capital solutions to stabilize companies and help them grow while producing superior inflation, beating long term returns for our investors. We cater to global and domestic pension funds and insurance companies, family offices, HNIs and UHNIs. Our edge lies in deep domain expertise, operating capabilities, and superior structuring solutions. People and processes are at the core of what we do, helping us provide clients with unbiased, value accretive investment solutions, emphasizing capital preservation. We are driven by doing good for our clients, partners, employees, and all other stakeholders in the pursuit of being India’s preferred alternative asset management organisation. The founding team at Neo Asset Management comes with extensive and rich experience of more than 120+ years in managing credit assets of over INR 1 lac crores in India across market cycles.

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Neo Asset Management Pvt. Ltd. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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