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Mavenark Credit and Growth Fund Series 1

Mavenark

About Company

 

MavenArk is positioned as a next-generation Indian WealthTech firm that blends seasoned financial expertise with advanced AI capabilities. Operating across wealth management, asset management, investment banking, and financial technology, the company delivers unified financial solutions backed by deep research and sector insight. Its proprietary AI platform, GPlanck, supports data-driven decision-making and modern portfolio design. Founded in 2023 by four industry veterans, MavenArk focuses on empowering high-net-worth clients, enabling capital access for emerging businesses, and strengthening financial inclusion. With a SEBI-registered Category II AIF, the firm continues shaping a tech-forward, impact-oriented wealth ecosystem in India.

 

 

Mavenark Credit and Growth Fund Series 1

Fund Snapshot

 

Type

Category II Alternative Investment Fund

Exposure

10-12 companies via either debt and/or equity

Fund allocation

Minimum 51% Performing Credit, and up to 49% in Emerging Equity

Fund term

6 years (with an option to extend up to 2 years)

Minimum Capital Commitment

INR 1 Cr

Sectors in focus

Commercial vehicle and two-wheeler finance

Microfinancing

Affordable Housing

Gold loans

Micro Small and Medium Enterprises

Fund Size

75 Crores + 25 Crores (Green Shoe)

Final Close

15 Months from the end of the first close

Carried Interest

10% with full Catch Up | 12% Hurdle Rate

Target IRR

18% – 22%

 

Why choose MCG Fund over others

Regular Income

The fund intends to make a monthly distribution of 0.4% – 0.5% per month (5% – 6% per annum)

 

Higher Targeted Return

Target XIRR return of 18% – 22% with moderate risk

 

Expertise

Our CIO, Mr. Phanisekhar Ponangi, has expertise of over 18 years in both equity and credit fund/portfolio management. He has been a pioneer in performing credit space with a solid track record since 2016.

 

Stellar Track Record

The AUM at the erstwhile firm had peaked at INR 865 Cr and delivered a gross IRR in excess of 12% with no default.

Investment Decisions With Depth

We look beyond headlines. At AltPort, every opportunity undergoes deep research, multi-angle analysis, and real-world validation. If you want decisions rooted in understanding rather than surface-level assumptions, this is your advantage.

 

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Fund Manager

Shantanu Awasthi

Shantanu Awasthi brings over 23 years of experience in international private banking, wealth management, and institutional advisory, having managed extensive portfolios for ultra-high-net-worth clients and global family offices. His expertise lies in bridging the gap between high-level investment strategy and ground-level execution, utilizing a vast investor network to drive the firmโ€™s go-to-market strategies. By combining a product-focused perspective with deep relationship management, he provides a vital pillar for Mavenark's client-centric financial solutions.

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Disclaimer: Investing in AIF, PMS, Gift City or Mutual Fund is subject to market risk. Please read the related documents carefully. Past performance does not guarantee future results and there is no assurance that the managed accounts will necessarily achieve their objectives. Actual portfolios may differ as a result of account size, client-imposed investment restrictions, the timing of client investments and market, economic, and individual company factors. We at ALTPORT do not guarantee any returns in the hands of investors, nor do we take any sort of accountability for the performance of the scheme.

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