Neo Asset Management has marked the first close of its second flagship private credit fund at INR 2,000 Cr.The Neo Special Credit Opportunities Fund-II (NSCOF II) is targeting a total corpus of INR 5,000 Cr.The fund aims to provide credit solutions to EBITDA-positive companies and is backed by hard asset collateral.Neo Asset Management plans to create a diversified portfolio with 25-30 investments, each ranging between INR 150-300 Cr.