UTI Structured Debt Fund IV Targets India’s Mid-Market Credit Gap

UTI Alternatives, the private markets platform of UTI Asset Management Company (UTI AMC), announced the launch of UTI Structured Debt Opportunities Fund IV (SDOF IV), the latest in its flagship private credit series that addresses the financing needs of India’s mid-market businesses.

A scheme under the SEBI registered Category II AIF, SDOF IV is planned as Rs 1,500 crore fund that aims to primarily create a portfolio of performing credit exposures with periodic distributions of income and targets mid to high teen returns.

“SDOF IV is built on the same disciplined, collateral backed approach that underpins the earlier vintages. We continue to see a meaningful financing gap in India’s mid-market, where bespoke, performing credit solutions can support growth while aiming to protect downside through structure and active monitoring anchored in our governance first, process led philosophy. It carries forward an enviable 8+ year track record of originating and investing in truly private credit portfolio companies” said Rohit Gulati, Chief Executive Officer, UTI Alternatives.

Shaurya Arora, Chief Investment Officer, UTI Alternatives said, “Origination of unique transactions and a rigorous underwriting process are the two pillars of SDOF’s strategy. The screening process involving in-house reviews & research aided with external diligence partners. SDOF frequently invests in companies that are first time issuers in the private credit segment with schemes managed by us being the exclusive subscriber to the issue.” 

The three earlier vintages—SDOF I, II and III have executed across multiple market cycles, aiming to bridge the gap between sophisticated investors including UHNI family offices and domestic as well as international institutions and India’s mid-market borrowers. The fund has backed more than 40 companies across sectors such as healthcare, education, consumer goods, manufacturing and renewables, and has achieved over 20 full exits, reflecting a demonstrated full cycle track record.