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Neo Asset hits first close of second special situations fund, sets final close target

Neo Asset hits first close of second special situations fund, sets final close target

08 Apr 2025

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Neo Asset hits first close of second special situations fund, sets final close target

Neo Asset CIO and co-founder Puneet Jain (left) and Rubin Chheda, managing director and head of special situation business

Neo Asset Management, part of Peak XV Partners and MUFG Bank-backed Neo Group, said Tuesday it has marked the first close of its second special situations fund after raising about 40% of the overall target corpus. The firm, which makes special situations, performing credit, and infrastructure investments via separate funds, aims ......