Alternative Investments
Investments outside the listed markets
Alternative investment funds invest in private companies and in credit. We offer the Merisis Opportunities Fund and a range of third-party funds, for eligible investors.
The Merisis Opportunities Fund
Selected companies we have raised capital for
Merisis has raised capital for founders for 16 years. The fund allows investors to take part in a selected few of those companies, alongside leading institutional investors.
The wider range
Funds across the range of risk and return
We cover credit, real estate, venture and private equity funds, in both debt and equity. Managers are shortlisted on track record, team, terms and alignment. Fund names, terms and track records are shared with eligible investors in a conversation.
- 01
Performing credit
Secured lending to mid-sized companies, with regular income.
- 02
Real estate debt and special situations
Secured lending to developers, and to complex situations.
- 03
Venture debt
Lending to venture-backed companies.
- 04
Venture capital
Early-stage technology companies.
- 05
Growth private equity
Minority stakes in established companies, often sector focused, such as healthcare.
Eligibility
Eligibility depends on the fund
AIFs are offered by private placement. Angel funds follow their own rules and, since September 2025, accept only accredited investors.
- The standard AIF minimum is ₹1 crore
- The Merisis Opportunities Fund minimum commitment is ₹50 lakh
- Accredited investors can be offered lower minimums, depending on each fund's terms
Risks
Risks to consider
AIFs are illiquid, usually locked in for seven to ten years, and capital can be lost. Please read the Private Placement Memorandum before investing.
Questions we are often asked
The minimum commitment is ₹50 lakh. The fund is an angel fund, so investors must be accredited. Please read the Private Placement Memorandum in full before investing.
A Category I AIF that invests in early-stage companies. Since September 2025, SEBI allows angel funds to raise money only from accredited investors.
The fund is a SEBI-registered Category I AIF (IN/AIF1/21-22/0902), managed by the Merisis Group. Merisis Wealth refers clients to it. SEBI regulates AIFs under its Alternative Investment Funds Regulations, 2012.
A fund spreads capital across several early-stage companies, sourced by a team that works with the founders and funds involved. Investors also receive regular reporting.
AIFs are long-term, close-ended investments. Capital is usually called in stages and returned as investments are exited, over several years, and early exit is generally not available. The tenure, drawdown schedule and exit terms are in the Private Placement Memorandum.
Yes. We offer a range of third-party AIFs in credit, venture capital and private equity. Names and terms are shared with eligible investors in a conversation.
Important information
This page is for information. It is not an offer to sell units of any AIF, which are offered only by private placement to eligible investors. AIF investments are subject to investment risk.
Next step
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