We target investments in inherently viable companies with a positive EBITDA. Our sharp focus on asset heavy companies with multiple exit options provides capital protection with attractive returns for our investors.
We are the first port of call for financial institutions in India looking to sell their stressed loans. Our thought leadership, on-ground investment team and in-house legal expertise puts us at the forefront of special situations investing and resolution.
We are actively involved with our portfolio companies for their revival and growth. We restructure capital and use our asset management capabilities to engineer successful turnarounds. Our sustainability-based investment approach helps in job protection and creation.
“Stressed Asset pool of more than $150 billion,
world-class insolvency framework under IBC &
an opportunity to turnaround stressed assets in
a growing economy, make Indian stressed
assets a very attractive and compelling
Fund Manager – Special Situations
Our Portfolio Companies
Turnaround of a listed pharma company
Invested in a listed pharma company with US FDA approvals and key global clients. The company was supporting its loss making group companies financially resulting in stress. Our flexible capital and disciplined monitoring ensured a turnaround for the company thereby attracting strategic interest.
Debt resolution for a large steel company
India’s fourth largest steel producer was facing stress due to an industry downturn and delays in regulatory approvals. We aggregated debt of this company at a significant discount and were instrumental in driving the resolution process through IBC. The company attracted multiple strategic buyers and has successfully achieved resolution.
Successful turnaround of a distressed paper company
Generated cash flows for a distressed RE loan pool
Invested in a senior tranche in a distressed real estate loan pool from a NBFC with priority over cash flows and an attractive security cover. We also provided additional funding to the underlying real estate projects through our investment.
Invested in a large cement company
Invested in a cement manufacturing company with two integrated plants with an aggregate capacity of 5.71 MTPA (clinker) and 7.25 (cement). The company is an established brand in core markets and has significant EBITDA potential. The Fund has entered the transaction at an attractive enterprise value.