Indian PE firm True North is expanding into private credit space, says top executive

Indian PE firm True North is expanding into private credit space, says top executive

True North MD Vishal Nevatia

Private equity (PE) firm True North, one of the oldest Indian PE fund houses, is expanding into the private credit space. In an interview, managing partner Vishal Nevatia spoke about the opportunity that it sees in credit and how technology businesses have matured to make them attractive to PE investors. Edited excerpts:

For over 20 years, you were focused on private equity; why this sudden move to expand into private credit?

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