InCred Capital has launched InCred Black, a focused wealth management proposition for ultra-high-net-worth individuals (UHNIs), entrepreneurs and business families, with Alok Agrawal, Harmeet Sahney and Zarksis Gotla joining as Co-Founders.
InCred Black will offer personalised wealth management services covering asset allocation, alternatives, public and private markets, credit, liquidity solutions and global investing, backed by the broader investment and advisory capabilities of InCred Capital and the InCred Group.
Senior team strengthens wealth platform
Agrawal, Sahney and Gotla are credited with building the wealth business at Avendus over the past 15 years. They bring more than 80 years of collective experience from firms including Kotak, Barclays and Credit Suisse, advising prominent UHNI clients.
They will help shape InCred Black, deepen client relationships and expand the team as the business scales.
Wealth franchise crosses ₹1 lakh crore
The launch follows the expansion of InCred’s Wealth franchise, which has crossed ₹1 lakh crore in assets under management and serves a large UHNI client base.
InCred Black builds on this foundation with a specialised proposition for the segment, while its specialist capabilities and senior talent are expected to strengthen the broader Wealth platform.
Focus on sophisticated clients
“We’ve built a powerful wealth franchise with deep client relationships and significant scale. InCred Black raises the bar further, bringing a sharper proposition, differentiated access and the full capabilities of InCred to our most sophisticated clients, while strengthening the broader wealth management platform,” said InCred, Founder & Group CEO, Bhupinder Singh.
Platform targets UHNI families
“InCred Black adds further depth to an already strong Wealth franchise. It gives our UHNI relationships greater specialisation, while the talent, ideas and access it brings will strengthen what we can offer clients across the platform,” said InCred Wealth, CEO, Nitin Rao.
InCred Black will continue to add senior bankers and specialist talent as it expands, with the aim of becoming a trusted first call for India’s leading UHNI families.