Private Credit
At Dhanam Prabawa Holdings, private credit represents a forward-looking pillar of our capital allocation strategy. We approach this asset class not as a tactical pursuit of yield, but as a structural component of long-term stability, diversification, and disciplined income generation. In a financial landscape where traditional banks retreat from middle-market lending, private credit emerges as a critical channel of financing—rewarding investors who can balance illiquidity with conviction and governance discipline. For Dhanam, this allocation underscores our identity as a private institutional investor: selective, deliberate, and focused on compounding capital through strategies that endure beyond cycles.
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Private Credit – Strategic Role
At Dhanam Prabawa Holdings, private credit is more than an alternative yield source. It is a structural pillar that strengthens the portfolio’s defensive income, lowers correlation to public markets, and deepens our control over risk. The allocation complements equities, sovereign credit, and real assets by embedding contractual cash flows with collateral, covenants, and negotiated protections.
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Institutional Fund Access & Direct Allocations
Our current exposure is via institutional-grade fund vehicles that provide diversified access to direct lending, middle-market financing, and structured credit. In addition, Dhanam maintains direct allocations to Business Development Companies (BDCs), which offer institutional-quality access to private credit portfolios in a liquid format. Beyond these, Dhanam also allocates capital to regulated financing structures that channel credit directly to underserved middle-market and MSMEs borrowers. Together, these strategies complement institutional vehicles by broadening exposure across the private credit spectrum while maintaining rigorous standards of transparency and governance. This combined approach preserves liquidity and transparency while enabling Dhanam to capture private credit’s income advantages and steadily build internal capability ahead of deeper market engagement.
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Path to Direct Private Credit
Over time, Dhanam intends to scale from institutional fund exposures and structured vehicles into larger direct private credit investments. By leveraging its experience with regulated SME financing platforms and institutional allocations, Dhanam is building the internal capability and relationships required to transition toward bespoke private capital transactions.
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Market Structure & Institutional Outlook
Economically, our rationale is anchored in the structural reconfiguration of global credit markets: the retrenchment of banks from middle-market lending, the secular rise in demand for non-bank financing, and the premium available to investors who absorb illiquidity and complexity risk. These dynamics establish private credit as an enduring pillar of the institutional landscape rather than a cyclical opportunity. For Dhanam, this translates into a perpetual allocation framework built on sustainable yield, disciplined credit selection, and resilience across rate cycles and shifting geopolitical regimes.
Private Capital Allocation Notice
Content on this page describes Dhanam Prabawa Holdings’ proprietary capital allocation. Dhanam is a privately held investment holding company; it does not solicit, manage, or accept third-party funds, and nothing herein constitutes financial advice or an offer to buy or sell any security.