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HDFC Asset Management Co. Ltd. ( (IN:HDFCAMC) ) has issued an announcement.
International Finance Corporation (IFC), part of the World Bank Group, has agreed to act as anchor investor in HDFC AMC’s Structured Credit Fund-I, a Category II alternative investment fund aimed at expanding private credit access for India’s mid-market corporates. IFC will invest up to INR 220 crore in the fund, which has achieved a first close with commitments of about INR 1,290 crore from institutional investors, family offices and ultra-high net worth individuals, on a targeted corpus of INR 1,500 crore plus a green-shoe option of INR 1,000 crore. The fund seeks to provide alternative debt financing to underserved mid-market companies through secured credit instruments across sectors (excluding real estate), targeting superior risk-adjusted mid-teen returns over a 4–6-year horizon and has already committed INR 380 crore across three deals. For HDFC AMC, the partnership brings not only capital but also IFC’s global governance standards, risk frameworks and sector expertise, strengthening its position in India’s growing private credit ecosystem and supporting job creation, innovation and growth among mid-market enterprises.
More about HDFC Asset Management Co. Ltd.
HDFC Asset Management Company Limited is a leading Indian asset management firm offering mutual funds and alternative investment products to a broad base of institutional, high-net-worth and retail investors, with a focus on delivering risk-adjusted returns across asset classes in the domestic market.
Average Trading Volume: 30,354
Technical Sentiment Signal: Buy
Current Market Cap: 1138.2B INR
For detailed information about HDFCAMC stock, go to TipRanks’ Stock Analysis page.