BPEA Credit, now rebranded as Ascertis Credit, is nearing the final close of its Select Short Term Income Fund – I (SSTIF-I) with a target of Rs 750 crore.
The fund aims to invest in stable, short-term opportunities and provide regular income distributions to investors.
Ascertis Credit has raised four funds to date, with Fund III closing at $600 million in June 2022, and plans to launch a fifth fund.
The rebranding reflects their commitment to growth, innovation, and delivering value to investors in performing credit in high-growth economies.