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OUR BUSINESS SEGMENTS

ALTERNATIVES

This encompasses PEL’s fiduciary and fund management business with long-standing partnerships with marquee investors, with total committed capital of US$ 1 billion. Our consistent and focussed strategy to optimise risk and return across the verticals that we operate/invest in provides a unique position to build a leading India-focussed alternatives business across private debt, private equity, and real assets/infrastructure. This business is aimed at providing flexible capital and customised solutions to high-quality corporates that are looking to maximise their growth through two funds:

  • ‘Piramal Credit Fund’, a sector-agnostic performing credit fund with a substantial capital commitment from CDPQ (Caisse de dépôt et placement du Québec) to invest in mid to large-sized corporates across sectors
  • ‘India Resurgence Fund’ or ‘IndiaRF’, a fund focussed on turnaround investing, in partnership with Bain Capital Credit, which invests in equity and/or debt across diverse sectors from industrial to infrastructure to consumer

Piramal Alternatives has delivered strong performance and forged successful partnerships with leading global investors. Our team of seasoned senior professionals has adeptly navigated the complexities of investing in India, consistently driving the growth of our platforms. The funds remained focussed on delivering a consistent return of capital to investors and generating top quartile returns. At the same time, these funds partnered and supported the Company’s portfolio companies in their journey of strengthening the balance sheet, providing capital for growth, building management capabilities, and improving the ESG performance.