Founded in 2011, RV Capital manages assets under management of $1 billion (about Rs 8,200 crore) through its Asia macro fund and Asia credit fund focused on long/short investments in Asian interest rates, foreign exchange, and credit markets.

“Indian credit is in the goldilocks zone with NPAs (non-performing assets) at a decadal low, accompanied by strong GDP and credit growth. NBFCs (non-banking financial companies) are moving towards retail and even mutual funds are not focusing too much on the private credit category, and focusing more on high-grade assets, AAA bonds, etc.,” [Shyamal Karmakar, India CIO] said.

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Source: https://www.vccircle.com/singapores-rv-capital-raising-maiden-india-private-credit-fund