Mr. Daga’s leadership philosophy and deep understanding of financial markets have been instrumental in Neo Asset Management’s success. The firm provides cutting-edge investment solutions, prioritising sustainable value for its clients. Mr. Daga’s professional journey began with a solid foundation at ICICI Bank, where he honed his skills in currency and fixed income trading. This hands-on experience with complex financial instruments laid the groundwork for his proficiency in risk assessment, portfolio structuring, and investment management.
Before co-founding Neo Asset Management, Mr. Daga played a crucial role at Edelweiss Financial Services, where he led the firm’s asset management division to remarkable heights. Under his leadership, Edelweiss managed ₹30,000 crores in alternative investments and ₹75,000 crores in mutual fund assets, cementing its position as one of India’s largest investment platforms. A graduate of St. Xavier’s College, Calcutta, and an MBA from the Indian Institute of Management Bangalore(IIMB), his academic foundation complements his wealth of practical experience.
A GAME-CHANGING VISION
With a vision to create a firm that offered customised and structured credit solutions for mid-market companies, Mr. Daga co founded Neo Asset Management in 2021, alongside Mr. Nitin Jain, Chairman and CEO of Neo Group, and Mr. Puneet Jain, Chief Investment Officer, Neo Asset Management. Together, they are steering the company towards becoming India’s preferred platform for private credit and real asset investments.
One of the key differentiators of Neo Asset Management is its emphasis on structured credit solutions. Mr. Daga and his team understand the need for personalized, patient capital which can support the growth of mid-market companies. By blending deep market insights with a client first approach, he has positioned Neo Asset Management as a standout player in a competitive market.
The leader says, “India’s growing economy will likely boost the need for alternative investment solutions. Neo Asset Management is well-positioned to meet this demand by offering investors access to a diverse range of asset classes and investment strategies.”
PRIORITISING RISK & TRANSPARENCY
The organisation’s success is a direct reflection of Mr. Daga’s foresight and relentless pursuit of innovation. Neo Asset Management’s ability to offer investment products that cater to a wide array of client needs—from high-net-worth individuals (HNIs) to global institutions—has set it apart in a competitive marketplace. In his present role, he brings an enviable track record of leadership, innovation, and strategic acumen. Under his sterling leadership, the company caters to both global and domestic investors seeking alternative investment opportunities. Hemant brings a visionary approach to asset management, leveraging his deep understanding of both traditional and alternative investments. Hemant’s leadership has been instrumental in the launch of several innovative financial solutions in India—the first domestic Infra Fund, the first Passive Debt ETF, and also one of India’s largest Special Situations Credit Funds. Furthermore, the organisation has quickly established itself as a renowned name in the Indian investment landscape. With assets under management exceeding ₹10,500 crores, the organisation continues to attract marquee global and domestic investors. Under his leadership, Neo Asset Management is poised to redefine the landscape of asset management in India, offering innovative solutions tailored to the needs of modern investors. Hemant’s commitment to excellence and strategic foresight make him a driving force behind the company’s success, inspiring confidence among clients and investors alike.
What sets Neo Asset Management apart is its rigorous credit assessment process which ensures the meticulous analysis of every investment for sustainability and long term value. By prioritising transparency and disciplined risk management, Mr. Daga has built an institution that delivers attractive returns while instilling investor confidence.
PIONEERING NEW FRONTIERS
Under Mr. Daga’s leadership, Neo Asset Management is expanding its footprint in private markets through innovative investment strategies. The firm’s offerings span Private Credit and Real Assets, providing investors with access to high yield opportunities backed by robust risk mitigation frameworks. Neo Asset Management’s flagship funds include the Neo Special Credit Opportunities Fund, Neo Infrastructure Income Opportunities Fund, and many more.
By strategically positioning itself in the private markets space, Neo Asset Management is not just capitalising on market opportunities but actively shaping them. Mr. Daga ensures that the firm remains agile and adaptable to changing market conditions while staying true to disciplined investing principles.
A THOUGHT LEADER IN ASSET MANAGEMENT
Mr. Daga is a respected leader in India’s financial circles and frequently contributes to discussions on private credit and infrastructure-oriented fixed-income investments. He has shared his insights at premier industry forums, including the IVCA Conclave, providing expert analysis on market trends, investment strategies, and risk management frameworks.
The country’s economic evolution necessitates a wider array of more advanced financing options, especially for mid-market firms. Mr. Daga’s involvement in developing these conversations has been instrumental in shaping industry opinions and supporting Neo Asset Management’s strategic direction.
A VISION FOR THE FUTURE
Mr. Daga’s leadership is about reimagining the role of private credit in India’s economic growth story. Beyond traditional asset management, the leader spearheaded the creation of groundbreaking financial products such as India’s first domestic Infrastructure Fund, its first Passive Debt ETF, and a leading Special Situations Credit Fund. These initiatives reinforce his ability to anticipate market needs and introduce investment solutions that drive capital efficiency and economic growth.
