True North Fund Vii-A — True North | wisefolio

True North Fund Vii-A

Building businesses 'The Right Way'

IN/AIF2/22-23/1041Cat II

Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.

Overview

About

True North Credit Fund Managers LLP (INP000007748) is the dedicated Private Credit investment vehicle of True North, one of India's most established independent private equity and private credit firms. Formerly known as India Value Fund Advisors (IVFA), the firm traces its origins to 1999, was established as GW Capital by Mr. Gary Wendt, HDFC, and Ambit Corporate Finance, and subsequently rebranded as True North. The firm has raised INR 175 billion (~USD 3 billion) over six funds and managed 62+ investments across its history. True North Credit Fund Managers LLP operates the Private Credit segment of True North, focusing on providing flexible debt capital to mid-market India-centric businesses. The firm is a founding partner of the Global PE Alliance — an international network (established 2008) of eight mid-market private equity firms with combined AUM in excess of USD 13 billion. Registered Address: 801, 8th Floor, Inspire BKC, G Block, Bandra Kurla Complex, Mumbai 400051.

Investment Philosophy

True North's investment philosophy is built around doing things 'The Right Way' — a value-aligned, stakeholder-centric approach that creates universally admired and socially responsible businesses that deliver value for all stakeholders including entrepreneurs, management teams, employees, customers, investors, and communities. The Private Credit strategy is predicated on the same values: disciplined credit underwriting, intensive portfolio management, and a long-term partnership orientation with borrowers and management teams. True North's core values are: Stay Humble. Sleep Peacefully. (trust and transparency); Forever Insightful. Always Innovating. (continuous learning); Uncompromising Integrity. Continuous Excellence.; and Embrace Diversity. Nurture Collaboration.

Team— 6

Kapil Singhal

Managing Partner, Private Credit

Kapil Singhal is the Managing Partner for Private Credit at True North, joining in February 2021 to head the True North Private Credit division. Prior to True North, he was the India Credit Head and Managing Director at KKR & Co. Inc. (October 2019 – January 2021). Before KKR, he was Co-Head of the Edelweiss Special Opportunities Fund. Earlier he was Head of India Credit Trading at Goldman Sachs, and Director of Global Credit Trading at Deutsche Bank. His early career included leadership roles at GE Capital and ICICI Bank focused on corporate finance and wholesale lending. He holds a B.Tech in Electrical Engineering from IIT Delhi and an MBA in Finance from the Faculty of Management Studies (FMS), University of Delhi.

Rikhil Wadhwa

Managing Director, Private Credit

Rikhil Wadhwa is a Managing Director in the Private Credit team at True North.

Sushim Desai

Managing Director – Chief Risk Officer, Private Credit

Sushim Desai serves as Managing Director and Chief Risk Officer for the Private Credit business at True North.

Kshitij Agrawal

Vice President, Private Credit

Kshitij Agrawal is a Vice President in the Private Credit team at True North.

Siddhant Salian

Assistant Vice President, Capital Partnerships Group, Private Credit

Siddhant Salian serves as Assistant Vice President in the Capital Partnerships Group of True North's Private Credit business.

Manan Jain

Analyst, Private Credit

Manan Jain is an Analyst in the True North Private Credit team.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF2/22-23/1041

VintageApr 2022 · 4 yrs old

Valid ToPerpetual

Contact PersonParas Nayyar

Address9/2, Rocklines House, Ground Floor, Museum Road, Bangalore, Karnataka, 560001

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Disclaimer

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