1. What is a Special Credit Opportunities Fund?
A Special Credit Opportunities Fund provides structured capital to established businesses for specific financing requirements such as growth, acquisitions, refinancing, asset monetisation and turnaround situations.
RevX SCOF focuses on asset-heavy Indian businesses with established operating histories, identifiable cash flows and tangible assets.
2. What is the core investment approach of SCOF?
The strategy is based on four key principles:
- Established businesses – Businesses with operating history and identifiable cash flows.
- Disciplined underwriting – Detailed assessment of the business, financials, management and transaction.
- Structured credit – Transaction-specific pricing, security and repayment mechanisms.
- Downside protection – Appropriate collateral, security coverage and cash-flow controls.
SCOF I had deployed approximately ₹815 crore across 12 transactions, with an average tracking XIRR of approximately 23% and average security cover of approximately 2.5x, as reported in Q2 2026.
3. What types of opportunities does SCOF invest in?
SCOF focuses on three categories:
- Growth Funding: Capital for expansion, capacity addition, capex completion and balance-sheet requirements.
- Strategic & Event-Driven Funding: Capital for acquisitions, promoter funding, pre-IPO bridges and other corporate actions.
- Turnaround Funding: Structured credit for fundamentally viable businesses undergoing operational or balance-sheet transitions.
4. What type of companies does RevX SCOF typically consider?
The preferred borrower profile includes:
- EBITDA of 10% or more
- Leverage of less than 4x
- Operating history of more than 5 years