360 ONE Asset Secures Rs 3,500 Crore in Fifth Private Credit Strategy

360 ONE Asset has successfully closed its fifth private credit strategy, raising Rs 3,500 crore. The fund draws investments from diverse sources and continues focusing on structured credit solutions for domestic corporations. Currently, 360 ONE manages Rs 15,200 crore in credit assets.

360 ONE Asset, an alternative asset manager, has announced the successful closure of its fifth private credit strategy, amassing commitments totaling Rs 3,500 crore (approximately USD 400 million).

The fund, which attracted investments from pension funds, insurance companies, family offices, and high-net-worth individuals, aims to provide structured and customized credit solutions focused on capital preservation and offering risk-adjusted yields.

Chief Investment Officer Aakash Desai expressed confidence in the trust investors have placed in the platform, with the company now managing a total of Rs 15,200 crore (USD 1.7 billion) in credit assets.