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TVS Capital bets on private credit with Rs 750-Cr fund

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TVS Capital bets on private credit with Rs 750-Cr fund
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TVS Capital Funds has launched TVS Alts, a private-credit platform targeting Rs 750 crore for its maiden fund, with a Rs 500-crore green-shoe option that could take the corpus to Rs 1,250 crore.TVS Capital expects domestic capital, including from insurance companies, bank treasuries and corporates. These are potential investors, not confirmed commitments. The proposed fund has been filed with the Securities and Exchange Board of India (SEBI) and awaits regulatory approval.TVS Alts plans sec

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