Catalyst Alternatives

SC Credit Trust (formerly Catalyst Fund Trust, SEBI Reg. IN/AIF2/16-17/0276) is a Category II Alternative Investment Fund managed by Catalyst Alternatives Asset Management LLP, a Mumbai-based private credit and special situations manager operating under the Catalyst Alts brand. The fund is branded as SC Credit Fund I and was established as a joint venture between Catalyst Alts and Samena Capital — a prominent Abu Dhabi-based emerging markets investment firm. Launched in 2016–17 as one of India's earliest dedicated private credit AIFs, SC Credit Fund I provides secured and structured private financing solutions to mid-market companies in India. The fund balances risk/reward by extending credit secured by tangible assets, equity pledges, cashflow escrow arrangements, and corporate and personal guarantees. As of the latest available data, SC Credit Fund I has made 12 investments, completed 7 exits, and returned approximately 70% of contributed capital. It has attracted commitments from large family offices, domestic insurance companies, and pension funds through both onshore and offshore structures. The fund is managed from Arun Chambers, Tardeo, Mumbai.

Catalyst Alts focuses on identifying and investing in special situation and private credit opportunities across India and the broader Asia Pacific region, aiming to deliver attractive risk-adjusted returns. The credit strategy provides secured and structured financing solutions to companies, with a focus on balancing risk and reward. Investments are secured by tangible assets, significant equity pledges, cashflow escrow arrangements, and corporate and personal guarantees. The firm targets mid-market companies where structured credit can enable growth or bridge transitions, operating as a joint venture platform combining Catalyst's on-the-ground India execution capabilities with Samena Capital's extensive regional network and institutional investor relationships.