India

The Delhi-based firm has evolved into a tightly run investment platform that mirrors hedge fund sophistication—complete with in-house analytics, daily NAV calculations and a risk-managed portfolio spanning public markets.

With powerful structural drivers, rising domestic demand and a rapidly expanding private credit ecosystem, India is fast becoming a core growth market for global asset managers.

Private credit managers across Asia-Pacific are sharpening their focus on red flags in underwriting as competitive pressure rises. Investors and lenders are recalibrating around protections, collateral strength and disciplined structuring.

HDFC Pension manages explosive growth amid regulatory guardrails while positioning for demographic dividend that could transform the world's most populous nation into an investment powerhouse.

The Dinesh Hinduja Family Office is capitalising on India's private credit boom driven by "China Plus One" manufacturing relocations and regulatory changes that have created significant opportunities in the underserved small and medium enterprise market.

Global asset managers say distribution, once a supporting function, is now the industry’s core strategic battleground.

Private credit managers across Asia-Pacific report strong demand from mid-market corporates and sponsors seeking bespoke solutions. Investors, meanwhile, are becoming more selective, favouring structured protection and asset-backed stability over pure yield.

Singapore’s sovereign wealth fund GIC accuses Nio and its top execs of artificially inflating revenue and misleading investors; South Korea's pension fund NPS is on track to post its first annual loss on foreign alternatives since 2020; The UK government will hold high-level investment talks with Australia's largest pension funds; and more.

As the market surges and retail flows intensify, institutional investors are raising concerns about cracks forming in overextended private credit markets.

Japan’s Government Pension Investment Fund ex-CIO Eiji Ueda will lead Apollo's APAC operations; Allianz promotes Ritu Arora to India country head; Future Fund hires Kay Stuart to lead energy transition; and more.

While India's market has corrected from recent peaks, strong domestic demand, scale, and robust earnings potential continue to make it attractive relative to regional peers.

From data centres and smart metering to semiconductor fabrication and green hydrogen, India's sovereign fund is targeting climate, digital and frontier technologies that will drive the next phase of economic transformation.