Fund News

Anicut Capital closes Rs.300-Cr continuity fund; to raise Rs.1,500-Cr credit fund

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Anicut Capital , a multi-asset alternative investment firm, has declared the close of its late-stage Equity Continuum fund of INR 300 crore. With this closure, Anicut Capital's total assets under management (AUM) have surpassed INR 3,000 crore across all its funds.The new fund will be used to support portfolio companies that are preparing for an IPO within the next 2-4 years.The firm is planning to raise its third credit fund, aiming for a corpus of INR 1,200-1,500 crore.

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