# L&T Finance Limited

L&T Finance Limited is an Asset Manager based in Mumbai, India.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Mumbai, India
- **Region:** Asia
- **Address:** Mumbai, Maharashtra, India
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** www.ltfin.com

## About

L&T Finance Limited is a SEC-registered investment adviser in EDGEWOOD, NM. The firm manages $58 million in assets, $39 million on a discretionary basis. It has 4 employees and 3 investment advisers.

## Sectors

- Infrastructure
- Private Credit
- Energy Transition & Renewables
- Financial Services

## Offices

- Bangalore, Karnataka, India

## People

- Dinanath Dubhashi — Former Managing Director & CEO
- Sachinn Joshi — Chief Financial Officer

## Questions

### Who runs investment decisions at L&T Finance?

Dinanath Dubhashi served as Managing Director & CEO until April 2024, when he retired and was succeeded by Sudipta Roy. He previously held roles at Standard Chartered and IDFC. Investment decisions are made by the firm's credit and investment committees, which include senior management and board members. The firm's board includes nominees from parent Larsen & Toubro.

### How does L&T Finance source proprietary deal flow?

L&T Finance benefits from its parent Larsen & Toubro's position as a major EPC contractor in India. The firm reviews infrastructure and energy projects where L&T is the contractor, gaining early access to financing opportunities. It also participates in government-initiated project finance through the National Highway Authority of India and state-level renewable energy programs.

### What investment stages and asset classes does L&T Finance typically target?

L&T Finance primarily targets project finance and structured credit across infrastructure, renewable energy, and retail lending. It provides senior debt, mezzanine financing, and construction-stage loans for roads, ports, transmission lines, and solar/wind farms. The firm also originates two-wheeler and micro-loan portfolios through its retail finance vertical.

### Does L&T Finance participate in fund commitments or only direct lending?

L&T Finance operates primarily as a direct lender and project financier rather than a fund-of-funds or private equity fund manager. It originates and holds loans on its balance sheet. The firm has also co-invested in syndicated loan facilities alongside banks and other NBFCs for large infrastructure projects.

### What is L&T Finance's relationship to L&T Infrastructure Finance?

L&T Infrastructure Finance Company Limited is a wholly owned subsidiary of L&T Finance that specializes in long-term project finance for infrastructure. The two entities operate under common management and share origination and credit teams. L&T Finance consolidated the subsidiary's results into its own financial statements.

## Related profiles

- [Inc./GPS Insight LLC/Rhino Fleet Tracking](https://altss.com/profile/incgps-insight-llcrhino-fleet-tracking)
- [Eruditus Learning Solutions Pte. Ltd.](https://altss.com/profile/eruditus-learning-solutions-pte-ltd)

---

Last updated: 2026-06-28T01:52:52.555Z

Canonical page: https://altss.com/profile/landt-finance-limited

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology