Fund Strategy
Scube FITOF is a close ended long only leveraged Fixed Income fund incorporated as a Cayman Islands Fund. It holds US Dollar debt issued by Indian corporates and targets an IRR of 7% p.a. for a fixed fund tenor of 3 years (+ 1yr extension option). The internal leverage structure reduces uncertainty relating to mark to market movements & margin calls. Investors have visibility on the portfolio (single security <15%) identified through bottoms up fundamental analysis
About SAIML Pte. Ltd
SAIML Pte. holds a CMS license from MAS Singapore. Balaji Swaminathan, CEO of SAIML is a veteran banker. He was previously President International at Westpac (Asia, Europe & America), VC & MD at BAML India and a partner at KPMG. Hemant Mishr, the CIO has trading experience across Asian Markets. As Co-head of Standard Chartered Wholesale Bank India he managed a US$ 25Bn balance sheet and US$ 3b Debt fund. He has a B Tech, MBA & AMP from Wharton
