India’s DMI Debuts Private Credit Fund, Hires Omers Alumnus

The Punchline

India’s DMI Alternatives has launched its first private credit fund, successfully raising $120 million. The fund will be led by Harein Uppal, formerly with the Ontario Municipal Employees Retirement System.

Why You Should Read This

This article is relevant as it highlights the growth of private credit in India and the strategic hiring of experienced individuals to lead fund initiatives.

Who This Is For

This article is intended for institutional investors, fund managers, and private equity professionals interested in private credit opportunities.

Investor Implications

The establishment of this private credit fund opens up new investment opportunities in the Indian market, particularly as it signals a growing appetite for private debt solutions among institutional investors.