Business Standard

After IL&FS & Covid, NBFCs have ceded space to pvt credit funds: N Dhedhi

Nilesh Dhedhi, head of structured credit, Avendus Finance explains the nuts and bolts of these investment vehicles which are aimed at sophisticated investors

Nilesh Dhedhi
Premium

Nilesh Dhedhi, Head of Structured Credit, Avendus Finance

Samie Modak
Private credit funds, a source of non-bank debt capital for private companies, are pegged to grow exponentially over the next five years. Nilesh Dhedhi, head of structured credit, Avendus Finance, in an interview to Samie Modak, explains the nuts and bolts of these investment vehicles, which are aimed at sophisticated investors, Edited excerpts:

What is a structured credit fund? What are the latest trends in this space?

Structured credit can largely be described as mid- to high-yield (broadly in the range of 12-18 per cent) non-bank lending to private companies in the form of debt or debt-like instruments.

Private credit

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 19 2022 | 7:54 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com