Insurers, Pension Funds Accelerate Private Credit Bets as New Funds Draw Heavy Institutional Capital
Institutional investors are deepening their exposure to private credit in India, with insurers, pension funds and development finance institutions emerging as major backers of new fund launches. Neo Alternative Asset Managers said its second fund drew 22% to 25% of commitments from these investors, while Ascertis Credit’s fourth fund secured more than $700 million from multiple institutions, underscoring a sharp rise in demand for non-bank lending strategies.
