Position: Head of Private Credit Fund

Location: Mumbai, India (with occasional travel as required

About the Fund:

Novanttum Emerging Credit Fund- I is a Category- II AIF targeting USD- 200- Mn (with an additional USD- 25- Mn greenshoe), focusing on collateral- backed debt and debt- related instruments across sectors in India. The Fund aims for a blended IRR of up to 14% (USD) with an 8% hurdle rate and a 7- year tenure with reinvestment opportunity

Key Responsibilities:

- Strategic Leadership: Define and execute the Fund's investment strategy in line with the investment philosophy (mid- to- large corporates, collateral- backed lending, blended IRR 14%) .

Deal Origination & Structuring:

- Leverage proprietary sourcing networks (I- Banks, financial institutions, relationships) to build a robust pipeline of opportunities.

- Structure flexible financing solutions (back- ended payments, bullet repayments, hybrid debt instruments) that meet borrower needs and Fund criteria.

Due Diligence & Approval:

- Oversee third- party diligence, financial modeling, and risk assessment.

- Lead Investment Committee presentations and secure approvals.

Portfolio Management:

- Monitor portfolio performance, covenants, collateral, and covariate market conditions.

- Implement active credit monitoring and workout strategies for under- performing assets.

Fundraising & Investor Relations:

- Support fundraising efforts, prepare pitch materials, and engage with prospective and existing investors globally.

- Report Fund performance, key risk metrics, and mid- quarter updates.

Team Development:

- Build and mentor a high- caliber investment team, including deal teams and sector experts.

- Foster strong internal controls, governance, and compliance standards.

Regulatory & Compliance Oversight:

- Ensure adherence to AIF Category- II regulations, tax/pass- through requirements, and GST/TDS implications.

- Coordinate with Trustee, Custodian, RTA, and auditors.

Qualifications & Experience:

- Education: MBA/CA/CFA or equivalent advanced degree in Finance, Accounting, or Business.

- Experience: 12+ years in credit markets, private debt, or structured finance, with at least 5- years in a leadership role.

- Proven track record of sourcing, structuring, and executing mid- sized (USD- 10-30- Mn) debt deals.

- Experience with AIFs, NBFC credit, corporate bonds, or similar instruments, preferably in the Indian market.

Skills & Competencies:

- Deep understanding of credit risk assessment, collateral valuation, and covenant structuring.

- Strong financial modeling and analytical capabilities.

- Excellent communication and presentation skills, with experience dealing with global institutional investors.

- Leadership in building cross- functional teams and fostering a performance- driven culture.

Personal Attributes:

- Entrepreneurial mindset with the ability to thrive in a dynamic, high- growth environment.

- High integrity, professionalism, and a collaborative approach.

Why Join:

- Lead a fast- growing platform with seasoned senior partners (35+ years combined experience) and strategic advisors across finance, infrastructure, and industry.

- Opportunity to shape and scale a USD- 200- Mn private credit fund in India's rapidly expanding non- bank lending market.

- Competitive compensation, carried interest, and significant equity upside.