Credit

We believe understanding credit requires a dual lens: one that captures risk and another that highlights resilience. Credit is the lifeline of modern economies, enabling businesses to expand and innovate and create prosperity for citizens. Credit plays an important role in a portfolio, balancing risks emanating from equities. Yet, too much of it, either on a balance sheet or in a portfolio can lead to higher risk and be the source of instability.

Credit markets are inherently cyclical, influenced by liquidity, regulation, investor sentiment, and global macroeconomic shifts. At Au-RRange Ventures, our research dives into the evolving nature of credit in India, but deeply influenced by developments in key markets like US.

We focus on private credit flows, the rise of alternative lenders, the impact of interest rate changes, and the growing role of structured finance in addressing capital needs. In India, private credit has become a critical enabler for mid-market companies at a time when traditional bank lending faces structural challenges. Our ongoing reports track this development, outlining opportunities and risks for institutional investors and family offices. Our work also examines distressed debt markets and how investors can navigate opportunities that arise during downturns.