Public markets (Cat III) · SEBI registry
PGIM India Alternative Investment Fund
Public markets (listed) · Public markets (listed equity) · Mumbai
At a glance
- Stage focus
- Public markets (listed)
- Primary sector
- Public markets (listed equity)
- City
- Mumbai
- HQ / office
- Bandra Kurla Complex, Mumbai, Maharashtra
- Fund registered
- 2018
- Corpus (as reported)
- Targeted Rs 1,000 crore at 2023 launch; AMC aiming for Rs 5,000 crore across funds over 3-4 years
- Website
- www.pgimindia.com/aif
- Profile ↗
About
PGIM India Alternative Investment Fund is the Category III AIF business of PGIM India Asset Management Pvt Ltd (the Indian arm of US-based PGIM / Prudential Financial). Its first long-only Cat III fund launched in October 2023, managed by CIO Aniruddha Naha; trustee is Axis Trustee Services. SEBI reg IN/AIF3/18-19/0615.
Investment focus
Category III AIF — long-only listed Indian equities; stock selection driven by operating cash flows and leverage, concentrated thematic approach
SEBI registration
SEBI AIF Category III — reported as “Cat III”
- IN/AIF3/18-19/0615
SIDBI Fund of Funds
None found
Team & organisation
~2 named (CIO Aniruddha Naha; Fund Manager Rahul Jagwani) within larger PGIM India AMC investment team
Category III AIF (SEBI Regn IN/AIF3/18-19/0615); Investment Manager: PGIM India Asset Management Pvt Ltd; Trustee: Axis Trustee Services Ltd
Connect through iHub India
Open a funding round and send a structured pitch from this profile. It's recorded now and delivered the moment this investor joins iHub India; if they accept, contact details are shared and the conversation moves into a tracked deal room.
Raising a round? Send a funding pitch with your traction — an acceptance opens a tracked deal room. Mentors, incubators, corporates and students can request an intro instead.
Work at PGIM India Alternative Investment Fund? Claim this profile to keep it current and receive pitches directly.
Frequently asked
- What does PGIM India Alternative Investment Fund invest in?
- Category III AIF — long-only listed Indian equities; stock selection driven by operating cash flows and leverage, concentrated thematic approach
- How do I pitch PGIM India Alternative Investment 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.
Similar investors
Public markets (Cat III)
11H Holdings
Public markets (listed) · Public markets (listed equity) · Ahmedabad
Public markets (Cat III)
16 Alpha Alternatives Technologies Fund
Public markets (listed) · Public markets (listed equity) · New Delhi
Public markets (Cat III)
2Point2 Capital Trust
Public markets (listed) · Public markets (listed equity) · Mumbai
Public markets (Cat III)
31 Degrees North Fund
Public markets (listed) · Public markets (listed equity) · Ahmedabad
Public markets (Cat III)
3P INDIA EQUITY FUND
Public markets (listed) · Public markets (listed equity) · Mumbai
Public markets (Cat III)
AAA India Equity Fund
Public markets (listed) · Public markets (listed equity) · Mumbai
About this record
- ⚑ PE/hedge (Cat III) — not startup VC; foreign-affiliated (US parent PGIM/Prudential Financial); rebrand — SEBI registry email domain dhflpramericamf.com reflects the former DHFL Pramerica name now rebranded as PGIM India
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.pgimindia.com/aif; https://www.pgimindia.com/pms/contact-us