360 ONE Asset

360 ONE Asset, formerly known as IIFL Asset Management, stands as a prominent alternative asset manager based in Mumbai, India. The firm manages a diverse portfolio of strategies, encompassing private equity, venture capital, real estate, and credit funds, catering to a wide spectrum of investor requirements. With a significant presence in the Indian financial landscape, 360 ONE Asset oversees assets under management (AUM) exceeding $10 billion, solidifying its position as a key player in the alternative investment space.

The firm's investment approach is multifaceted, with a strong focus on growth-stage companies across various sectors including consumer, financial services, healthcare, and technology. A notable vehicle in their portfolio is the 360 ONE Asset Private Equity Fund, which recently announced its final close at over Rs 4,000 crore, equivalent to approximately $480 million. This fund typically targets substantial growth equity investments, with individual cheque sizes ranging from $25 million to $75 million, reflecting their commitment to backing established businesses with significant scaling potential.

In addition to their larger private equity deals, 360 ONE Asset also engages in earlier-stage funding through dedicated venture capital initiatives. Their Ventures Fund, for instance, focuses on promising technology companies from early to growth stages. This dual approach allows 360 ONE Asset to participate across different phases of a company's lifecycle, from nascent innovation to mature expansion, thereby offering a comprehensive investment platform within the Indian market.