Aikyam Capital Group raises Rs 205 cr via pvt credit fund

Aikyam Capital Group on Tuesday announced the first close of its Category II Alternative Investment Fund (AIF), Aikyam Capital Investment Fund I, with investor commitments of Rs 205 crore.

The fund, structured under Aikyam Capital Trust, has a target corpus of Rs 300 crore, with a green shoe option of Rs 100 crore, taking the potential total fund size to Rs 400 crore, the company said in a release.

The fund is positioned as a private credit strategy, aimed at providing structured capital solutions to businesses while delivering stable risk-adjusted returns for investors.

Aikyam Capital Investment Fund I is managed by Aikyam Capital Management LLP. This is the second fund launched by Aikyam Capital Group within a year, following the launch of its Category I Special Situation Fund (SSF). "With a target corpus of Rs 300 crore and a green shoe option of Rs 100 crore, the fund has the potential to scale up to Rs 400 crore," said VenkatasubramaniamMaruthai, Fund Manager and CEO-Stressed Assets, Aikyam Capital Group.

Aikyam Capital Group is a full-spectrum financial services platform operating across the lifecycle of capital, from creation and growth to transformation and recovery.

s The platform spans five integrated verticals: Institutional Broking & Clearing, Investment Banking, Stressed Asset Management, Asset Management, and Capital Markets Solutions.