Is Private Credit the Next Big Wealth Creator in India? | Raghunath T Reveals | PMS Bazaar скачать в хорошем качестве

Is Private Credit the Next Big Wealth Creator in India? | Raghunath T Reveals | PMS Bazaar

In this session, Raghunath T, Senior Portfolio Manager at Vivriti Asset Management, shares insights into how private credit strategies are built and executed in the real world. Moving beyond traditional debt investing, he explains how cash flow underwriting, sector selection, deal structuring, and disciplined risk management come together to deliver predictable, risk-adjusted returns. The discussion covers the full lifecycle of private credit investing—from deal sourcing and due diligence to portfolio construction, monitoring, and exit—while highlighting liquidity considerations, yield dynamics, ESG integration, and common mistakes investors should avoid when allocating to private markets. About the Speaker: Raghunath T is the Senior Portfolio Manager at Vivriti Asset Management. He has 15 years of experience in credit investments, ratings, and research. Prior to this, he was Assistant Vice President at ICRA Ratings, the Indian arm of Moody's. He has done his MBA from IIM Kozhikode and his BE from College of Engineering, Guindy 0:00 – Opening & Context Setting 0:44 – What is Private Credit & Why It’s Growing in India 1:19 – Introduction of Guest & Discussion Agenda 2:01 – Equity vs FD vs Private Credit: Where It Fits 3:00 – Predictable Returns, Low Volatility & 3–5 Year Lock-in 4:05 – Deal Flow, Market Growth & Institutional Participation 5:39 – Rise in Capital Deployment & Mid-Market Deals 6:35 – How Private Credit Managers Select Deals 7:12 – Risk Management, Downside Protection & Due Diligence 9:14 – Liquidity, Closed-End Funds & Exit Expectations 11:25 – Yield Compression: From 16–17% to 13–15% 12:32 – Competition, Safety vs Yield & Larger Balance Sheets 13:55 – Sector Focus: Infra, Manufacturing, Renewables, Real Assets 15:48 – Private Credit vs Banks: Information & Transparency 17:04 – Disclosures, Valuation, Stress Events & Investor Communication 19:23 – Track Record, Defaults & Handling Underperforming Deals 20:49 – ESG Investing & Thematic Private Credit Funds 23:29 – India vs Developed Markets: Size, Structure & Gaps 25:04 – Financialization of Savings & Future Growth of Private Credit 26:07 – Future Innovations: Asset-Backed Finance & New Products 28:08 – Fund Strategy: Deal Uniqueness & Portfolio Construction 29:48 – Equity Market Corrections & Shift Toward Private Credit 31:32 – Can Double-Digit IRRs Be Sustained? 32:22 – Advice for First-Time Private Credit Investors 33:30 – Importance of Manager Selection & Strategy Fit 34:50 – How Pivot Differs from Other Private Credit Players 36:18 – Deal Competition, Structuring & Winning Transactions 40:06 – Key Takeaways for Investors 41:43 – Private Markets Becoming Mainstream in India 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐠𝐞𝐭 𝐫𝐞𝐠𝐮𝐥𝐚𝐫 𝐮𝐩𝐝𝐚𝐭𝐞𝐬? Then, 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐭𝐨 𝐮𝐬 𝐨𝐧 𝐨𝐮𝐫 𝐰𝐞𝐛𝐬𝐢𝐭𝐞: https://pmsbazaar.com/Home/Login With this subscription, you will also 𝐠𝐞𝐭 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐨𝐮𝐫 𝐞𝐱𝐭𝐞𝐧𝐬𝐢𝐯𝐞 𝐝𝐚𝐭𝐚 𝐚𝐧𝐝 𝐚𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐬 covering 400+ 𝐏𝐌𝐒 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 and 100+ 𝐀𝐈𝐅 𝐟𝐮𝐧𝐝𝐬. 𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐯𝐢𝐝𝐞𝐨𝐬, 𝐝𝐨𝐧’𝐭 𝐟𝐨𝐫𝐠𝐞𝐭 𝐭𝐨 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐭𝐨 𝐨𝐮𝐫 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐜𝐡𝐚𝐧𝐧𝐞𝐥:    / @pmsbazaar   𝐃𝐨 𝐟𝐨𝐥𝐥𝐨𝐰 𝐮𝐬 𝐨𝐧 𝐨𝐮𝐫 𝐬𝐨𝐜𝐢𝐚𝐥 𝐦𝐞𝐝𝐢𝐚 𝐩𝐚𝐠𝐞𝐬: 𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧:   / pmsbazaar   𝐓𝐰𝐢𝐭𝐭𝐞𝐫:   / pmsbazaar   𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤:   / pmsbazaar   𝐈𝐧𝐬𝐭𝐚𝐠𝐫𝐚𝐦:   / pms_bazaar   #PMSBazaar #Fundmanagerinterview #PrivateCredit #AlternativeInvestments #VivritiAssetManagement #PortfolioManagement #DebtMarkets #AIFIndia #IndiaInvesting