In August 2024, Tavasya acquired a portfolio of distressed investments in liquidation under the IBC, an opportunity the Fund had studied for eighteen months prior to bidding.
- RVPI
- 2.75x
- Expected total multiple
- 6.5x
- First redemption
- Dec 2025
- Full cash visibility for a substantial redemption is visible, with residual distributions projected across 2027 to 2029.
Historical and expected performance for Scheme I. Forward-looking figures represent targets and do not constitute assurances.
In February 2025, the Fund subscribed to the security receipts representing underlying debt exposure, acquired from an asset reconstruction company whose security receipts had reached end-of-life, a circumstance that produced a motivated seller and a price materially below intrinsic value.
- IRR
- 52.40%
- Exit multiple
- 1.46x
- Full cycle
- 15 months
- ~ 80% of capital returned within seven months reflecting Tavasya's approach.
- Full and final exit concluded within 15 months.
Realised performance. Past performance is not indicative of future results.
Scheme III applies the expertise developed over the two schemes at scale, across a diversified, proprietary pipeline rather than a single concentrated position.
- Target fund size
- ₹500 Cr
- Sponsor commitment
- ~ 33 Crores*
- Closing
- 2026
- Strong repeat commitment from existing Scheme I and Scheme II investors.
- Diversified acquisition strategy across sectors, including real estate, infrastructure, construction disputes, and manufacturing.
- A proprietary pipeline of high-potential assets, identified and tracked for 18 months and more.