Capital Available · Active Mandate

Private Credit for PE Exit Bridge, LBO Financing & Promoter Funding

Abhishek Mohta Altus Bridge Advisory Private Credit · Structured Debt · Deal Origination

₹100 Cr+

Minimum ticket size

15%+

Target IRR

Active

Deployment mandate

Capital is available from a SEBI-registered private credit fund with an active deployment mandate. The fund is specifically focused on three deal types — PE exit bridge, LBO acquisition financing, and promoter funding where a PE investor is on the cap table. If your situation fits, this page tells you exactly what the fund is looking for.

Most promoters and CFOs approaching a capital raise spend weeks talking to the wrong people before finding the right fit. This article is written to cut that time down. If your transaction matches the criteria below, reach out directly — the fund has active capital to deploy and a defined decision process.

Three deal types the fund actively targets

01

PE Exit Bridge — Promoter Buyout of PE Stake

Structured debt to fund the promoter's purchase of a PE investor's stake, bridging to IPO or strategic exit

The situation

  • A PE investor is on the cap table and wants to exit
  • The promoter wants to buy back the PE stake before going to IPO or a strategic sale
  • The promoter does not want to dilute further by bringing in a new equity investor
  • The company has a clear liquidity event within 18–36 months — IPO, strategic sale, or secondary
  • The promoter needs structured debt to fund the buyback — not equity

What the fund provides

  • Structured debt / NCD secured against promoter shareholding or company assets
  • Ticket size ₹100 Cr and above
  • Tenor typically 24–48 months bridging to the liquidity event
  • Pricing structured around 15%+ IRR — combination of coupon and upside kicker
  • PE investor exit facilitated cleanly — fund steps in as structured lender, not equity holder
  • No board seat required — debt instrument, not equity
02

LBO Financing — Acquisition Debt Alongside PE Sponsors

Senior or mezzanine acquisition debt to co-finance a leveraged buyout alongside a PE sponsor or promoter acquirer

The situation

  • A PE sponsor or promoter is acquiring a company and needs debt alongside equity
  • The acquisition requires leverage — part funded by equity, part by structured acquisition debt
  • Traditional bank debt is either unavailable, too slow, or structurally inflexible for the transaction
  • The acquirer wants a flexible private credit partner who understands deal timelines
  • Target company has strong cash flows or asset backing to service debt

What the fund provides

  • Senior secured or mezzanine acquisition debt
  • Ticket size ₹100 Cr and above
  • Flexible structuring — bullet repayment, PIK options, cash sweep mechanisms
  • Fast decision process — term sheet within 2–3 weeks of receiving IM
  • Works alongside PE sponsor equity — not a competing capital source
  • Comfortable with complex cap table structures if cash flow coverage is clear
03

Promoter Funding — Structured Debt with PE on Cap Table

Capital for promoters who need liquidity or growth funding but do not want further equity dilution

The situation

  • A PE investor is already on the cap table — promoter has already taken PE money
  • Promoter needs additional capital — for growth, personal liquidity, or to fund obligations — but does not want more equity dilution
  • The company is performing — revenue growing, EBITDA positive, or on a strong growth trajectory
  • Promoter has unencumbered shareholding available as security
  • A liquidity event — IPO, secondary round, or PE exit — is in sight within 2–4 years

What the fund provides

  • Structured debt secured against promoter shareholding (ESOP / pledge structure)
  • Ticket size ₹100 Cr and above
  • No equity dilution — promoter retains full upside to the IPO or exit
  • Pricing at 15%+ IRR — structured as NCD or structured loan with upside participation
  • PE investor's presence on cap table is a positive signal — validates governance and exit trajectory
  • Tenor matched to the promoter's liquidity event horizon

Deal criteria at a glance

Parameter Requirement
Minimum ticket size ₹100 crore and above
Target IRR 15%+ (structured across coupon + upside participation)
Deal type PE exit bridge · LBO acquisition debt · Promoter funding with PE on cap table
Company stage Growth stage to pre-IPO · Profitable or near-profitable preferred
PE investor requirement Large, credible PE investor on cap table — validates governance and exit thesis
Liquidity event Clear path to IPO, strategic sale, or secondary within 18–48 months
Security Promoter shareholding pledge · Company assets · Cash flow assignment
Instrument NCD · Structured loan · Optionally convertible debenture
Sector Sector-agnostic · Preference for asset-light, cash flow positive businesses
Geography India-domiciled companies · Pan-India
Decision timeline Term sheet within 2–3 weeks of complete information memorandum

What fits — and what does not

Strong fit

  • PE-backed company, promoter wants to buy PE out before IPO
  • PE sponsor-led acquisition needing debt co-investment
  • Pre-IPO company, promoter needs liquidity without dilution
  • EBITDA-positive, growing revenue, clear exit path
  • ₹100 Cr+ ticket, 15%+ IRR deliverable
  • Credible PE name on cap table (large domestic or global fund)
  • Pledge of unencumbered promoter shares available
  • IPO filing planned within 24–36 months

Not a fit

  • Early-stage / pre-revenue startups
  • No PE investor on cap table or credible institutional backing
  • Ticket size below ₹100 crore
  • No clear liquidity event or exit path visible
  • Highly leveraged balance sheet with weak coverage ratios
  • Promoter has no unencumbered shares to pledge
  • Real estate construction-stage or pure land deals
  • Requirement for equity, not debt

If you are unsure whether your situation fits — reach out anyway. The criteria above cover the core thesis but the fund evaluates each transaction on its own merits. A 15-minute call is enough to assess fit quickly and without obligation.

How the process works

01

Initial conversation

A 20–30 minute call to understand the deal structure, company background, cap table, and funding requirement. No NDA required at this stage. Book directly via the link below.

Week 1
02

Information memorandum

If there is a preliminary fit, the company / advisor shares an IM covering financials, cap table, PE investor background, deal structure, and proposed security package. Standard format — no bespoke template required.

Week 1–2
03

Credit assessment & term sheet

The fund conducts internal credit assessment. If the deal meets investment criteria, a non-binding term sheet is issued within 2–3 weeks of receiving a complete IM. Term sheet covers ticket size, pricing, tenor, security, and key conditions.

Week 2–4
04

Due diligence & documentation

Legal, financial, and title due diligence conducted in parallel. Loan / NCD documentation drafted and negotiated. Security creation — pledge registration, charge filing where applicable.

Week 4–8
05

Disbursement

Capital disbursed upon completion of documentation and security creation. Post-disbursement monitoring per agreed covenants and reporting requirements.

Week 8–10

Why work through Altus Bridge

I am an independent advisor with 15+ years across structured finance, debt capital markets, and fund advisory — not a fund employee. My role is to assess whether your transaction fits the fund's thesis, help you present it correctly, and navigate the credit process efficiently.

For promoters and CFOs, working through me means faster triage, honest feedback upfront, and help structuring the deal presentation to meet the fund's credit committee expectations. If the deal does not fit this fund, I will tell you directly — and where relevant, point you to other capital sources that may be a better match.

There is no cost to the company for an initial conversation.


Does your deal fit?

Book a 20-minute call or send a WhatsApp message with a brief deal summary — ticket size, deal type, and company stage. I will revert within one business day.