Ascertis Credit - India Fund IV
Overview
Ascertis Credit, a ~$1.5 billion India-focused private credit manager (founded 2011, joined Baring Private Equity Asia as BPEA Credit in 2016, carved out post BPEA-EQT merger), reached first close of Fund IV at $520 million, the largest first close ever for a performing private credit fund in India, against a $1 billion target. The fund provides structured, non-dilutive "Solution Capital" financing to high-growth mid-market companies across India, Singapore, and Southeast Asia.
Key Facts
- Managed by
- Ascertis Credit
- Fund size
- USD 520M
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Last updated April 18, 2026