ASK Alternates Launches ₹2,500 Crore Private Credit Fund

Mumbai Firm Launches Second Private Credit Fund

ASK Alternates, a key component of the Blackstone-backed ASK Asset & Wealth Management Group, has made a significant move in the financial sector. The company has launched its second private credit fund, aiming to raise a total corpus of ₹2,500 crore, with a greenshoe option of ₹1,500 crore.

This new fund is another testament to the growing presence of ASK Alternates in the private credit market. The company's first private credit fund had a substantial impact, and this second iteration is expected to follow suit.

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