Incred Alternative Opportunities Trust

Stage focus

Debt / Venture debt

Primary sector

Private credit / Debt

City

Mumbai

HQ / office

Bandra Kurla Complex (BKC), Mumbai

Fund registered

2022

Corpus (as reported)

Private-credit AUM over Rs 4,000 cr (Apr 2026); InCred Special Opportunities Fund-I closed at Rs 1,500 cr (~USD 175mn)

Website

incredassetmanagement.com

LinkedIn

Profile ↗

InCred Alternative Opportunities Trust (IAOT) is a Category II AIF managed by InCred Alternative Investments Pvt Ltd (InCred Group), running private/structured-credit and special-situations strategies. Schemes include InCred Credit Opportunities Fund I/II/III, InCred Special Opportunities Fund-I and InCred Growth Partners Fund-I.

Private credit / structured credit and special situations (Category II AIF), plus a private-equity/growth scheme. Sectors deployed include auto, power, oil & gas and hospitality. Not startup VC.

InCred Growth Partners Fund (PE scheme under IAOT) average ticket ~INR 40-80 Cr, Series B/C; structured credit schemes vary

As compiled from public sources — verify with the investor.

SEBI AIF Category II — reported as “Cat II”

• IN/AIF2/22-23/1111

None found

Alternatives leadership ~5+ (CIOs for credit, hedge fund, PE plus fund managers); total team not disclosed

Category II AIF trust (IAOT); Trustee Catalyst Trusteeship Ltd, Sponsor InCred Capital Financial Services Ltd, Investment Manager InCred Alternative Investments Pvt Ltd; multi-scheme trust (Credit Opportunities I/II, Growth Partners Fund I/II)

What does Incred Alternative Opportunities Trust invest in?

Private credit / structured credit and special situations (Category II AIF), plus a private-equity/growth scheme. Sectors deployed include auto, power, oil & gas and hospitality. Not startup VC.

What cheque size does Incred Alternative Opportunities Trust write?

As compiled from public sources: InCred Growth Partners Fund (PE scheme under IAOT) average ticket ~INR 40-80 Cr, Series B/C; structured credit schemes vary

How do I pitch Incred Alternative Opportunities Trust 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.

Venture debt / Private credit

360 ONE Asset (ex-IIFL PE)

Debt / Venture debt · Private credit / Debt · Mumbai

Seed/Series A (early-stage VC strategy); cheque size not publicly disclosed. Broader alternates platform writes much larger PE/credit cheques.Contact on file

VC fund (Cat II)

5 RIVERS CAPITAL TRUST I

Early stage (Pre-Series A) · Private credit / Debt · Mumbai

USD 1-12 million per case (litigation/dispute finance)Contact on file

Venture debt / Private credit

A K ALTERNATIVE INVESTMENTS TRUST II

Debt / Venture debt · Private credit / Debt · Mumbai

Contact on file

Venture debt / Private credit

Acrobat Capital Fund I

Debt / Venture debt · Private credit / Debt · Bengaluru

Contact on file

Venture debt / Private credit

ADM Capital India AIF Trust

Debt / Venture debt · Private credit / Debt · Bengaluru

Contact on file

VC fund (Cat I)

Aikyam Stressed Assets Trust

Not disclosed · Private credit / Debt · Mumbai

Contact on file

All Debt / Venture debt investors →

• ⚑ Private credit / structured-credit & special-situations debt fund — not 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://www.incredassetmanagement.com/incred-growth-partners-fund-i/; https://www.altportfunds.com/investments/incred-alternative-opportunities-trust/