Neo Asset Management
- Company typePrivate
- Founded2021
- HeadquartersMumbai, India
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
Neo Asset Management firmographics
Firmographics- Name
- Neo Asset Management
- Legal name
- Neo Alternative Asset Managers Pvt. Ltd.
- Website
- https://neoassetmanagement.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Neo Asset Management industry classification
Industry- Product category
- Alternative Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)
- akta.pro secondary industries
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)
Keywords
Where Neo Asset Management is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Neo Asset Management business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Management Fees: Management fees charged on assets under management, which can be based on average portfolio value, closing value, or other methods as defined in the agreement. Core revenue stream from managing AIF funds, PMS, and other investment products.
- Performance Fees: Performance fees charged when portfolio returns exceed hurdle rates and high-water marks. Subject to high-water mark provisions ensuring investors are not charged fees on lost gains before new fees apply.
- Set-up Fees: One-time set-up fee up to 2% payable directly to the Investment Manager by holders of Class A Units and other designated classes. Fees are exclusive of applicable taxes and levies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Annual | Portfolio Management Services (PMS) Fee Structure |
| One time/ perpetual license | Multi-year contract | Category II AIF - Set-up Fees |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Neo Asset Management product offering
Product offeringCore offering
Neo Asset Management is a Mumbai-based alternative asset management firm that manages and advises on Category II and Category III Alternative Investment Funds (AIFs), Portfolio Management Services (PMS), and GIFT City IFSCA-registered funds. It focuses on credit and fixed income strategies, including private credit, structured credit, and real assets, channeling capital from institutional investors and high-net-worth individuals.
Product overview
Neo Alternative Asset Managers is the alternative asset management arm of Neo Group providing credit and fixed income solutions across various asset classes in India. The company operates as a multi-strategy platform offering SEBI-registered Alternative Investment Funds (Category II and III), Portfolio Management Services, and GIFT City IFSCA-registered funds. The product portfolio includes Neo Special Credit Opportunities Fund (NSCOF) and Neo Infra Income Opportunities Fund (NIIOF) as flagship Category II AIFs, Neo Prime Fund as a multi-asset private markets vehicle, along with Category III funds (Neo Dynamic Strategy Fund and Neo Treasury Plus Fund) and GIFT City funds (Credit Opportunities Fund I, Neo Secondaries Fund, Neo Special Credit Opportunities Fund II). The company provides bespoke capital solutions across Core Credit, Private Credit, and Real Assets strategies, targeting pension funds, insurance companies, family offices, HNIs, and UHNIs.
Differentiator
Problem solved
Functional benefit
Products and services
- Neo Special Credit Opportunities Fund (NSCOF)
- Neo Infra Income Opportunities Fund Category II AIF providing exposure to infrastructure and yield-oriented credit instruments, including operational and operationalizing infrastructure projects.
- Neo Income Plus Fund Category II AIF focused on fixed income, structured credit, and private credit instruments for yield and capital protection.
- Neo Prime Fund Category III AIF providing access to long-short credit opportunities and opportunistic yield strategies.
- Neo Radiance Fund - Series 1 Category II AIF structured as Series 1, providing investors exposure to long-tenor yield-oriented credit strategies.
- Neo Dynamic Strategy Fund Category III AIF employing dynamic and active credit strategies across market cycles.
- Neo Treasury Plus Fund Category III AIF delivering superior risk-adjusted returns versus traditional liquid fixed-income investments.
- Portfolio Management Services (PMS) SEBI-registered Portfolio Management Services offering customized credit and fixed-income strategies for HNW and UHNW individuals.
- Credit Opportunities Fund I (GIFT City) GIFT City IFSCA-registered fund offering offshore investors access to Indian credit and fixed income opportunities.
- Neo Secondaries Fund (GIFT City) GIFT City IFSCA-registered secondaries fund providing offshore investors exposure to Indian private market secondaries.
- Neo Special Credit Opportunities Fund II (GIFT City) GIFT City IFSCA-registered special credit opportunities fund for offshore investors seeking Indian credit exposure.
Quantifiable outcome
- Target IRR of 18-20% for Neo Infra Income Opportunities Fund II
- +2 more outcomes
Companies that use Neo Asset Management
Customer profileSegments4 records
Ideal customer profiles3 records
Neo Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Neo Asset Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- KFin TechnologiesminorKFin Technologies provides investor login platform for Neo AIF products, enabling digital investor access to portfolio information and reporting.
Scale indicators14 records
Recent moves9 records
Expansion highlights6 records
Neo Asset Management competitors and assessment
Company assessmentBroad incumbents
- Carlyle Group: Global alternatives incumbent with a long-standing India private equity and credit franchise. Overlaps with Neo on private credit, infrastructure, and India mid-market deal flow, but operates at a significantly larger global scale.
- Blackstone India: Global alternatives giant with a sizable India footprint across private credit, real estate, and infrastructure. A broad incumbent competing for the same institutional mandates and large-ticket deals (e.g., road HAM, renewable, residential debt) that Neo pursues.
- Edelweiss Alternative Asset Management: Where Neo's founders (Nitin Jain, Hemant Daga, Puneet Jain, Bismillah Chowdhary) previously built a USD 4B alternatives platform. Operates a broader incumbent alternatives franchise spanning credit, real assets, and special situations across India — directly overlapping with Neo's strategy stack.
Emerging players
- WSB Real Estate Partners: India-focused real estate private credit and equity manager also participating alongside Neo in deals such as Sowparnika Projects. Directly comparable on the real estate debt vertical that Neo recently launched with its ex-Walton Street team.
Direct peers
- ChrysCapital: One of India's longest-standing private equity firms, co-recognized with Neo at the IVCA 2026 awards. Operates control and growth PE strategies for Indian mid-market and large-cap companies — a directly comparable India alternatives platform serving similar institutional and family office LPs.
- ASK Investment Managers: Indian wealth and alternatives manager (named alongside Neo in the Sowparnika Projects real estate deal) running comparable PMS, real estate, and private credit strategies for HNW and institutional clients in India.
- Ares SSG Capital: Global special-situations and private credit manager; Sandeep Khemka joined Neo from SSG Advisors (Ares SSG) where he deployed ~USD 700M in special situations. Highly comparable in product scope (special situations, private credit, distressed) and institutional LP base.
- Kedaara Capital: India-focused private equity and credit manager recognized alongside Neo at the 2026 IVCA Alternate Capital Excellence Awards. Operates a comparable multi-strategy alternatives platform (PE, credit, real assets) serving institutional and HNW clients in India, with similar AUM scale and Edelweiss/India financial-services pedigree.
- Pacific Alliance Group (PAG): Asia-focused alternative asset manager with significant private credit and special-situations capabilities. Comparable to Neo on multi-strategy Asia credit investing and institutional LP relationships, with adjacent coverage of India opportunities.
- True North (India): India-focused mid-market private equity and credit manager; Rubin Chheda, Neo's MD for Special Situation & Core Credit, was previously co-founder of True North's private credit vertical. Directly comparable on mid-market private credit and special-situation investing in India.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Neo Asset Management social profiles
Digital presenceNeo Asset Management compliance and trust
Trust signalCompliance5 records
Neo Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Neo Asset Management leadership team
Management profileNumber of profiles
Profiles17 records
Neo Asset Management funding detail
Funding detailFunding overview
Funding rounds5 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Neo Asset Management M&A and investment
M&A and investmentM&A
Investments18 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Neo Asset Management
What does Neo Asset Management do?
Neo Asset Management is a Mumbai-based alternative asset management firm that manages and advises on Category II and Category III Alternative Investment Funds (AIFs), Portfolio Management Services (PMS), and GIFT City IFSCA-registered funds. It focuses on credit and fixed income strategies, including private credit, structured credit, and real assets, channeling capital from institutional investors and high-net-worth individuals.
Is Neo Asset Management a public or private company?
Neo Asset Management is a private company. It is classified as venture growth investor backed and is currently operating.
When was Neo Asset Management founded?
Neo Asset Management was founded in 2021. It employs 501 to 1,000 people.
Where is Neo Asset Management based?
Neo Asset Management is headquartered in Mumbai, India, in the Asia region.
How does Neo Asset Management make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are performance Fees and set-up Fees.
Who are Neo Asset Management's main competitors?
Broad incumbents on record are Carlyle Group, Blackstone India and Edelweiss Alternative Asset Management. WSB Real Estate Partners is listed as an emerging player. Direct peers are ChrysCapital, ASK Investment Managers, Ares SSG Capital, Kedaara Capital, Pacific Alliance Group (PAG) and True North (India).
Does Neo Asset Management have an API?
No public API is recorded for Neo Asset Management.
What industry is Neo Asset Management in?
Neo Asset Management's product category is Alternative Asset Management. Its primary akta.pro industry code is FSAEAAAC, Portfolio Construction & Asset Allocation Advisory, with a secondary code of FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 523940 and its SIC code is 6282.