Fund launches & closures

India-focused Venus Capital attracts new inflows for Asian fixed income

by

Vik Mehrotra’s Venus Capital has secured at least $350 million in new inflows mostly from European family offices seeking bespoke exposure to Asian corporate fixed income.

On top of that, the Boston-based firm also secured $40 million for mezzanine secured structured lending in India and has received $15 million from Gottex Fund Management for an arbitrage strategy similar to the Venus Relative Value Fund.

Gottex is an $8 billion fund of funds assisting Venus in raising capital and providing back office and has launched the arbitrage strategies on its managed accounts platform.

The infusions brought the total size