Mumbai, Mar 9: 360 ONE Asset, one of India’s leading alternative asset managers, today announced the successful close of its fifth vintage private credit strategy, with total commitments of ~INR 3,500 crore including managed assets.
“The successful close of our latest fund at ~INR 3,500 crore reflects the deep trust our investors place in our platform and our ability to consistently deliver resilient, risk-adjusted returns,”
said Aakash Desai, CIO and Head, Private Credit at 360 ONE Asset.
The strong fundraise underscores investor conviction in 360 ONE Asset’s differentiated private credit platform, disciplined investment philosophy, and consistent execution track record. Commitments were received from a diversified base of investors, including pension funds, insurance companies, family offices, and high-net-worth individuals, reflecting rising institutional allocation towards alternative assets.
“India’s private credit market is at a structural inflection point, supported by strong economic growth, increasing formalisation of capital, and rising demand for flexible financing solutions. For global and domestic institutional investors, private credit offers a compelling value proposition, with attractive yield premiums, strong covenant protections, and access to high-growth businesses in a large and underpenetrated credit market. With sustained origination momentum, we believe we are well-positioned to scale our franchise while remaining anchored to disciplined underwriting, downside protection, and long-term capital preservation,”
Aakash Desai added.
With this close, 360 ONE Asset further strengthens its position as one of the leading private credit managers in India. 360 ONE Asset’s Private Credit business manages credit assets worth INR 15,200 crore supported by one of the most active origination platforms in the country. In 2024, the firm originated over INR 6,600 crore of private credit transactions, followed by approximately INR 7,000 crore in 2025, demonstrating sustained deal flow strength, deep sponsor relationships, and robust on-ground execution capabilities.
The fund will continue the firm’s proven strategy of delivering structured and innovative credit solutions to high-quality Indian corporates. It will focus on capital preservation, strong covenant structures, and attractive risk-adjusted yields through bespoke financing solutions tailored to evolving capital needs.
Over five vintages, 360 ONE Asset has built a scaled and resilient private credit franchise anchored in deep, sector-focused underwriting expertise, a rigorous credit evaluation framework, active portfolio monitoring, and disciplined risk management.
As India’s alternative investment landscape continues to evolve, 360 ONE Asset remains committed to delivering institutional-quality private credit solutions and partnering with high-quality businesses to create enduring value for investors.
