Volatility in public, private markets have led to growth of private credit: 360 ONE Asset

At a time when investors have tightened their purse strings in doling out fresh equity capital, 360 ONE Asset Management, formerly known as IIFL Asset Management Limited, said that it has raised $258 million (Rs 2,130 crore) for its largest credit fund to date, exceeding its initial target of Rs 1,500 crore.