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performing credit

The firm returned a gross of almost 9% on performing credit in the previous 12 months, but posted a loss of more than 9% in distressed debt over the same timeframe.
The vehicle, which is expected to be on the road slightly more than six months, offers a tiered fee structure allowing LPs that commit by year end to get the lowest charges.
The Indian firm is planning to launch a bigger fund with a broader investment scope.

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