Launch · Professional & Local Services

JM Financial launches pre-IPO fund to invest in companies nearing public listing

By Startup Enthusiast · 19 February 2026

What they do

JM Financial Asset Management has launched a new pre-IPO fund to invest in companies expected to list on stock exchanges within 18 months

The fund is part of the firm’s strategy to expand its Alternative Investment Fund (AIF) portfolio and provide specialized capital solutions

The fund is managed by Jaisinh Suchak, who has over two decades of experience in financial services and buy-side expertise

JM Financial Asset Management has launched its first-ever pre-IPO fund, called 'The Pre-IPO Fund', as part of its Alternative Investment Fund (AIF) portfolio.
The fund is registered as a Category II AIF with SEBI and is designed to invest in high-growth companies expected to list on stock exchanges within 18 months.
The goal is to provide investors with superior risk-adjusted returns by capitalizing on the gap between private valuations and public market discovery.
The fund is a key part of JM Financial’s plan to build a comprehensive AIF ecosystem that includes credit, real estate, and pre-IPO opportunities.
The fund is managed by Jaisinh Suchak, who has over two decades of experience in financial services and more than a decade of buy-side expertise.

The launch of the Pre-IPO Fund aligns with the growing trend of Indian startups and private firms seeking more mature paths to liquidity.
The fund aims to provide institutional-grade access to private market opportunities that were previously fragmented.
By entering the pre-IPO sector, JM Financial is diversifying its private equity offerings and strengthening its position as a trusted investment partner.

JM Financial Asset Management is an asset management company that offers a wide range of investment solutions to individual and institutional investors.
The company focuses on providing innovative and customized investment solutions that meet clients’ unique needs and objectives.
The firm has existing expertise in credit and real estate, and the new Pre-IPO Fund is intended to complement these areas.
The fund is structured to provide specialized capital solutions across multiple asset classes, including pre-IPO opportunities.
The fund is designed to support India’s next wave of corporate growth by investing in companies that are close to listing on stock exchanges.