Sundaram Alternative Investment Trust

Stage focus

Debt / Venture debt

Primary sector

Private credit / Debt

City

Chennai

HQ / office

Chennai, Tamil Nadu (Alamelu Terrace/Citibank Building, 163 Anna Salai, Chennai 600002)

Fund registered

2016

Corpus (as reported)

~Rs 3,036.31 crore average AUM across AIFs as of 30 Sep 2024 (firm-wide); private-credit franchise cited at over $450 million

Website

www.sundaramalternates.com

LinkedIn

Profile ↗

Sundaram Alternate Assets Limited is the investment manager (SEBI PMS Reg. INP000006271), a wholly owned subsidiary of Sundaram Asset Management Company and part of the Sundaram Finance group. The Sundaram Alternative Investment Trust / Sundaram Category II Alternative Investment Trust are its AIF vehicles, running multiple Cat II and Cat III funds (e.g., RE Credit Funds, Emerging Corporate Credit Opportunities Fund, India Premier/ACORN/ATLAS equity AIFs).

Not a startup VC: private credit (performing & real-estate credit), structured/corporate credit and listed/long-only equity AIF strategies for HNIs/UHNIs/family offices/institutions (Cat II and Cat III).

SEBI AIF Category III — reported as “Cat II/Cat III”

• IN/AIF3/16-17/0291
• IN/AIF2/17-18/0340

None found — manager focuses on HNI/UHNI, family-office and institutional capital across private credit and equity (not a startup-VC); no SIDBI FFS / government LP relationship evidenced

100+ years combined fund-management experience; led by Karthik Athreya (MD, 26+ yrs) and Ajit Narasimhan (COO); ~5 fund managers (credit & equity) plus 2 zonal heads

Limited-company-managed multi-fund platform — investment manager is Sundaram Alternate Assets Limited (wholly-owned subsidiary of Sundaram Asset Management Co. / Sundaram Finance Group; CIN U65990TN2018PLC120641; SEBI PMS INP000006271). Manages Category II (IN/AIF2/17-18/0340) and Category III (IN/AIF3/16-17/0291) AIF trusts across real-estate credit, corporate credit and listed/unlisted equity strategies

What does Sundaram Alternative Investment Trust invest in?

Not a startup VC: private credit (performing & real-estate credit), structured/corporate credit and listed/long-only equity AIF strategies for HNIs/UHNIs/family offices/institutions (Cat II and Cat III).

How do I pitch Sundaram Alternative Investment Trust through iHub India?

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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 →

• ⚑ PE/credit and real-estate-credit + equity AIF house (Cat II & Cat III), not an early-stage startup VC; part of large established Sundaram Finance group.

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.sundaramalternates.com; https://www.sundaramalternates.com/about-us