Venture debt / Private credit · SEBI registry
Alpha Alternatives Special Situations Fund
Debt / Venture debt · Private credit / Debt · Mumbai
At a glance
- Stage focus
- Debt / Venture debt
- Primary sector
- Private credit / Debt
- City
- Mumbai
- HQ / office
- Mumbai (34th Floor, Sunshine Tower, Senapati Bapat Marg, near Kamgar Krida Maidan, Dadar West), Maharashtra 400013
- Fund registered
- 2022
- Investments on record
- 1
- Corpus (as reported)
- Platform-wide ~USD 2.5 billion across all Alpha Alternatives strategies (2025); related Structured Credit Opportunities Fund ₹5,500+ crore
- Website
- alt-alpha.com
- Profile ↗
About
Alpha Alternatives Special Situations Fund (SEBI IN/AIF2/22-23/1160) is the Category II special-situations/structured-credit vehicle of the Mumbai-based Alpha Alternatives platform (founded 2013 by Naresh and Prashant Kothari), part of its Illiquid Alts business covering structured credit and infrastructure such as the Anantam Highways Trust InvIT.
Investment focus
Category II AIF — sector-agnostic special-situations / structured-credit / illiquid alternatives (incl. infrastructure); private credit, not startup VC
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/22-23/1160
SIDBI Fund of Funds
None found
Notable portfolio
Anantam Highways Trust (InvIT) — infrastructure
Team & organisation
~20 partners; 200+ staff across 10 offices (platform-wide)
Category II AIF vehicle (structured credit / special situations) under LLP-managed Alpha Alternatives multi-fund platform; group Cat II regn IN/AIF2/22-23/1160. Mumbai HQ, founded 2013
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Frequently asked
- What does Alpha Alternatives Special Situations Fund invest in?
- Category II AIF — sector-agnostic special-situations / structured-credit / illiquid alternatives (incl. infrastructure); private credit, not startup VC
- How do I pitch Alpha Alternatives Special Situations Fund through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
- ⚑ PE / private-credit / special-situations (Cat II) — structured-credit & infra fund, not a startup VC
Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://alt-alpha.com/; https://pmsbazaar.com/AMC/Alpha-Alternatives-Fund-Advisors-LLP