The Indian market is attracting attention from investors in the fixed income space looking for returns in INR as well as USD terms. Regulatory changes such as the Insolvency and Bankruptcy Code have helped enhance credit discipline in borrowers and strengthened creditors’ rights. India’s relatively strong macro-economic framework and foreign currency reserves, coupled with low debt-to-GDP ratio, make it an appealing destination for fixed income investments, across private credit to high-grade bonds.
RV Capital has established an investment management company – RV Capital Advisory India Private Ltd – as a wholly owned subsidiary in India to capture this market opportunity in certain credit segments, where demand-supply gaps have emerged due to several structural changes in the Indian debt market over the last few years. The objective is to focus on INR denominated assets, including private credit, high-grade bonds, and other alternative/structured assets.
Following SEBI registration as a Category II Alternative Investment Fund (AIF), RV Capital Advisory India Private Ltd has recently launched its maiden performing private credit AIF with a differentiated strategy – “RV Capital India Credit Plus Fund”.