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JM Financial Asset Management launches maiden Rs 1,500 Cr pre-IPO AIF

EntrackrEntrackr · 2d ago
JM Financial Asset Management launches maiden Rs 1,500 Cr pre-IPO AIF
Medial

JM Financial Asset Management has announced the launch of its first pre-IPO Alternative Investment Fund (AIF), “The Pre-IPO Fund,” under Category II. Approval for the fund was recently granted by the Securities and Exchange Board of India (SEBI), marking a strategic expansion of the firm’s AIF division into the fast-growing pre-IPO investment space. The launch of the Pre-IPO Fund aims to build a comprehensive AIF ecosystem to support India’s next wave of enterprise growth. The platform is structured to provide specialised capital solutions across credit, real estate, and pre-IPO opportunities. The Pre-IPO Fund will focus on investing in companies expected to list within 18 months. Pre-IPO investments have emerged as an important avenue for generating superior risk-adjusted returns, particularly as India’s startup and private markets continue to mature. The fund will be managed by Jaisinh Suchak, Managing Director – Alternative Investment Funds at JM Financial Asset Management, who brings over 23 years of experience in financial services and more than a decade of buy-side expertise. With the introduction of its first Pre-IPO AIF, JM Financial Group continues to diversify its private equity offerings and strengthen its position as a trusted investment partner. The firm aims to leverage its deep market insights, strong governance practices, and proven fund management capabilities to unlock differentiated opportunities for investors in India’s evolving private markets landscape.

Prudent Equity launches maiden fund with minimum ticket size of Rs 50 lakh

EntrackrEntrackr · 1y ago
Prudent Equity launches maiden fund with minimum ticket size of Rs 50 lakh
Medial

The Gurugram-based wealth management firm Prudent Equity has launched its maiden growth strategy Portfolio Management Service (PMS). This fund leverages a proven bottom-up value investing approach to capture mispriced opportunities while prioritizing capital protection. According to Prudent Equity, the fund will provide with a minimum investment of Rs 50 lakh, which is designed for investors seeking long-term capital appreciation over 36 to 60 months. The fund is tailored to meet the needs of a diverse range of investors, including (HNWIs) and (UHNWIs), offering a solution for medium- to long-term investment goals. Prudent Equity aims to achieve Rs 250 crores in Assets Under Management (AUM) for the growth strategy PMS Fund by the end of 2025. Launched in 2012 by Siddharth Oberoi, Prudent Equity is an asset management company serving family offices, HNI and retail investors. Since inception, The platform focuses on serving individuals, families and corporations by providing actionable advice on their equity investments. The growth strategy PMS fund will align with its aim of consistently meeting investor needs and providing services. Since its inception in 2012, It claims that it has maintained a client-centric approach, as demonstrated by the strong performance of its Alternative Investment Fund (AIF) launched in 2022. The platform also claims that its existing ACE fund has recently delivered 75% return over the past 12 months, compared to 37% for the benchmark.

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