About Us
- One of India’s Leading Alternative Asset Management Platforms
Our Background
Edelweiss Alternatives is a part of the Edelweiss Group, among India’s leading diversified financial services companies. The Asset Management business manages/advises over ~$ 22bn across traditional mutual funds and alternative assets.
Edelweiss Alternatives is the private alternative asset management arm with over a decade of experience in Indian private debt and real assets. We manage/advise assets aggregating over $ 6.7bn. Our customers represent global institutional investors – pension funds, insurance companies, large family offices and ultra-high networth individuals.
“In a world that is searching for yields,
Edelweiss Alternatives provides a unique platform for global investors to access the large and secular
private debt and real assets opportunities in
India through our investment expertise,
institutional platform and robust
governance standards”
Venkat Ramaswamy
MD & CEO
Our Vision
Be the trusted and respected India alternative asset advisor, creating value for all stakeholders
Our Mission
Superior Investment Performance
We strive to deliver superior risk adjusted returns to our customers with a focus on capital preservation
Deliver Value to Investee Companies
Our bespoke solutions address diverse requirements of our investee companies
Create a Sustainable Impact
Our capital creates a positive impact for our investee companies, the economy and the society at large
Our Edge
We are investment specialists in Indian private debt and real assets. We believe that deep domain knowledge built through years of experience provides us with formidable expertise in managing alternative assets.
Our People
We believe that our people make us unique. We attract solution-oriented and innovative
team players with strong integrity and values.
Rashesh Shah
Non-Executive Director & Chairperson
Venkat Ramaswamy
MD & CEO
Harish Agarwal
President & COO
Subahoo Chordia
President & Head – Real Assets
Amit Agarwal
President & Head – Private Credit
Sanjeev Rastogi
Fund Manager – Real Estate CreditParag Kothari
Fund Manager – Performing CreditVenkat Ramaswamy
MD & CEO
Venkat has three decades of experience in the financial markets and has been one of the driving forces in transforming what was once India’s first new age boutique investment bank to a leading independent financial services company. Amongst his responsibilities, he is also the Chairman of Edelweiss’s Asset Management Business and has oversight over Edelweiss Asset Reconstruction company. Using his skills at building and maintaining large institutional relationships, including International Pension Funds and Insurance companies, the Alternative Asset Management business has become among the largest in India over the last 5 years. He is an MBA from the University Of Pittsburgh, USA and he also holds a Bachelor’s Degree in Electronics Engineering.
Rashesh Shah
Non-Executive Director & Chairperson
Rashesh Shah is the Chairman of Edelweiss, one of India’s leading diversified financial services organizations.
Rashesh co‐founded Edelweiss in 1996, which has since evolved into a successful diversified financial services company with an underlying portfolio of seven independent and well-governed businesses. Edelweiss today employs more than 6,000 people working out of more than 250 officesspread acrossIndia. It serves over 8 million customers and manages assets exceeding INR 2.2 trillion. In its journey, Edelweiss has grown from an equity base of INR 1 crore in 1996 to the current equity base of more than INR 6,200 crore.
Rashesh has an experience of more than 35 years in financial services and is particularly driven about Edelweiss’ participation and contribution to India’s growth journey, and the transformational role financial services can play in translating India’s vast savings into investments. He is also deeply involved with the EdelGive Foundation, Edelweiss’s philanthropy arm, providing strategic oversight and advice, and is particularly passionate about charitiesinvolving sports and education.
A regular commentator on macro‐economic policies, development matters and financial markets in the mainstream and financial media, Rashesh serves on the Boards of various companies and public institutions. He hasserved asthe President of FICCI, which isIndia’s apex industry association and has also been a member of several government and regulatory committees including the Insolvency Law Committee on IBC. Rashesh has won several key awards over the years including EY Entrepreneur of The Year – Financial Services.
An MBA from Indian Institute of Management, Ahmedabad, Rashesh also holds a Diploma in International Trade from the Indian Institute of Foreign Trade, New Delhi. A voracious reader, he is a fitness enthusiast who enjoys playing tennis and is an avid runner. Rashesh continues to participate in triathlons and marathons across the globe.
Harish Agarwal
Chief Operating Officer – Edelweiss Alternative Asset Advisors
Harish Agarwal is Executive Vice President & Chief Operating Officer at Edelweiss Alternative Asset Advisors Limited. He has been with Edelweiss Group for over 5 years now, and is responsible for business strategy, risk and regulatory frameworks, finance, technology, process, and operations. Prior to Edelweiss, Harish was associated with DBS Bank, India for six years as Head- Special Asset Management & Restructuring Group. At DBS, he was senior credit risk approver for large corporate proposals and successfully set up the Special Asset Management division, which was adopted group-wide in 2010. Harish career spans over two decades of experience in the Banking & Finance sector. He was previously associated with HSBC and ICICI Bank wherein he was majorly responsible for management of stress assets. Harish is a Charted Accountant, Company Secretary and also holds a Bachelor’s Degree in Law (LLB) from Mumbai University.
Subahoo Chordia
Fund Manager – Infrastructure Yield
Mr. Subahoo Chordia has set up and heads the Edelweiss Infra Fund Business. He has total experience of almost 21 years in the Infrastructure Space across private fund management, asset management, corporate finance, mergers and acquisitions, capital markets and advisory. He is the man behind the vision and successful execution of first Infrastructure yield fund in India. He started Infrastructure practice in Edelweiss in 2007 and has shown ability to build businesses. Prior to joining Edelweiss, he has worked with Axis Bank and IDBI Bank in the project finance, portfolio management and investment banking. Amongst his roles, he has interacted with various key stakeholders in Infrastructure Projects including Government/Government Authorities, Lenders/Arrangers, Developers – both Indian & Foreign, Global & Domestic Investors, etc. He has an extensive network of relationships with Infrastructure companies in India and has worked with more than 100+ companies across the infrastructure sub-sectors. He has sourced and executed about 45 transactions with a deal value of c. US$ 5 bn across all sub-sectors including Highways, Renewables, Transmission, Ports, Airports, etc. He is a qualified chartered accountant with an All India 42nd Rank.
Sanjeev Rastogi
Fund Manager – Real Estate Credit
Mr. Sanjeev Rastogi leads the real estate investments practice and has been with Edelweiss for more than a decade. Formerly, he was a partner at IL&FS Investment Managers Limited for over two years and was a key member of the team responsible for raising and managing a USD 525mn offshore real estate fund. He has also worked for G Corp Realty, Australian Pacific Projects (India) and SembCorp (India). He holds a Master of Business Administration in Finance from the Katz School of Business, University of Pittsburgh, a Master Degree in Building Engineering and Management and a Bachelor Degree in Civil Engineering.
Parag Kothari
Fund Manager – Performing Credit
Parag Kothari has over 25 years of experience in financial services – Performing Credit. He heads the ESOF Strategy (Edelweiss Special Opportunities Fund) under the Private Debt business with over 10 years of experience within Edelweiss. He has been part of the entire life cycle of ESOF 1 Fund. Mr. Kothari’s prior engagements include over 14 years of wholesale lending experience with Cholamandalam Finance, a leading NBFC in India, as the Business Head – Corporate Finance. He has also been Executive Vice-President and Head – Investment Banking in Dhanlaxmi Bank, a private sector bank based in South India. He holds an MBA from JBIMS, Mumbai and Bachelor’s degree in Engineering, University of Mumbai
Amit Agarwal
Fund Manager – Special Situations
Amit has close to 20 years of experience in stressed assets investments, origination, transaction structuring, turnaround & asset reconstruction. He has been a core member of Edelweiss stressed asset investment business since its inception. He is credited with several large & marquee investments as well as successful exits. Formerly, he has worked with investment banking at Edelweiss, strategic business unit at ARCIL and management consulting at PwC. Amit is an All-India Rank Holder Chartered Accountant and also has bachelor’s degree in Commerce from Lucknow University.
Rashesh Shah
Non-Executive Director & Chairperson
Venkat Ramaswamy
MD & CEO
Harish Agarwal
President & COO
Subahoo Chordia
President & Head – Real Assets
Amit Agarwal
President & Head – Private Credit
Sanjeev Rastogi
Fund Manager – Real Estate CreditParag Kothari
Fund Manager – Performing CreditVenkat Ramaswamy
MD & CEO
Venkat has three decades of experience in the financial markets and has been one of the driving forces in transforming what was once India’s first new age boutique investment bank to a leading independent financial services company. Amongst his responsibilities, he is also the Chairman of Edelweiss’s Asset Management Business and has oversight over Edelweiss Asset Reconstruction company. Using his skills at building and maintaining large institutional relationships, including International Pension Funds and Insurance companies, the Alternative Asset Management business has become among the largest in India over the last 5 years. He is an MBA from the University Of Pittsburgh, USA and he also holds a Bachelor’s Degree in Electronics Engineering.
Rashesh Shah
Non-Executive Director & Chairperson
Rashesh Shah is the Chairman of Edelweiss, one of India’s leading diversified financial services organizations.
Rashesh co‐founded Edelweiss in 1996, which has since evolved into a successful diversified financial services company with an underlying portfolio of seven independent and well-governed businesses. Edelweiss today employs more than 6,000 people working out of more than 250 officesspread acrossIndia. It serves over 8 million customers and manages assets exceeding INR 2.2 trillion. In its journey, Edelweiss has grown from an equity base of INR 1 crore in 1996 to the current equity base of more than INR 6,200 crore.
Rashesh has an experience of more than 35 years in financial services and is particularly driven about Edelweiss’ participation and contribution to India’s growth journey, and the transformational role financial services can play in translating India’s vast savings into investments. He is also deeply involved with the EdelGive Foundation, Edelweiss’s philanthropy arm, providing strategic oversight and advice, and is particularly passionate about charitiesinvolving sports and education.
A regular commentator on macro‐economic policies, development matters and financial markets in the mainstream and financial media, Rashesh serves on the Boards of various companies and public institutions. He hasserved asthe President of FICCI, which isIndia’s apex industry association and has also been a member of several government and regulatory committees including the Insolvency Law Committee on IBC. Rashesh has won several key awards over the years including EY Entrepreneur of The Year – Financial Services.
An MBA from Indian Institute of Management, Ahmedabad, Rashesh also holds a Diploma in International Trade from the Indian Institute of Foreign Trade, New Delhi. A voracious reader, he is a fitness enthusiast who enjoys playing tennis and is an avid runner. Rashesh continues to participate in triathlons and marathons across the globe.
Harish Agarwal
Chief Operating Officer – Edelweiss Alternative Asset Advisors
Harish Agarwal is Executive Vice President & Chief Operating Officer at Edelweiss Alternative Asset Advisors Limited. He has been with Edelweiss Group for over 5 years now, and is responsible for business strategy, risk and regulatory frameworks, finance, technology, process, and operations. Prior to Edelweiss, Harish was associated with DBS Bank, India for six years as Head- Special Asset Management & Restructuring Group. At DBS, he was senior credit risk approver for large corporate proposals and successfully set up the Special Asset Management division, which was adopted group-wide in 2010. Harish career spans over two decades of experience in the Banking & Finance sector. He was previously associated with HSBC and ICICI Bank wherein he was majorly responsible for management of stress assets. Harish is a Charted Accountant, Company Secretary and also holds a Bachelor’s Degree in Law (LLB) from Mumbai University.
Subahoo Chordia
Fund Manager – Infrastructure Yield
Mr. Subahoo Chordia has set up and heads the Edelweiss Infra Fund Business. He has total experience of almost 21 years in the Infrastructure Space across private fund management, asset management, corporate finance, mergers and acquisitions, capital markets and advisory. He is the man behind the vision and successful execution of first Infrastructure yield fund in India. He started Infrastructure practice in Edelweiss in 2007 and has shown ability to build businesses. Prior to joining Edelweiss, he has worked with Axis Bank and IDBI Bank in the project finance, portfolio management and investment banking. Amongst his roles, he has interacted with various key stakeholders in Infrastructure Projects including Government/Government Authorities, Lenders/Arrangers, Developers – both Indian & Foreign, Global & Domestic Investors, etc. He has an extensive network of relationships with Infrastructure companies in India and has worked with more than 100+ companies across the infrastructure sub-sectors. He has sourced and executed about 45 transactions with a deal value of c. US$ 5 bn across all sub-sectors including Highways, Renewables, Transmission, Ports, Airports, etc. He is a qualified chartered accountant with an All India 42nd Rank.
Sanjeev Rastogi
Fund Manager – Real Estate Credit
Mr. Sanjeev Rastogi leads the real estate investments practice and has been with Edelweiss for more than a decade. Formerly, he was a partner at IL&FS Investment Managers Limited for over two years and was a key member of the team responsible for raising and managing a USD 525mn offshore real estate fund. He has also worked for G Corp Realty, Australian Pacific Projects (India) and SembCorp (India). He holds a Master of Business Administration in Finance from the Katz School of Business, University of Pittsburgh, a Master Degree in Building Engineering and Management and a Bachelor Degree in Civil Engineering.
Parag Kothari
Fund Manager – Performing Credit
Parag Kothari has over 25 years of experience in financial services – Performing Credit. He heads the ESOF Strategy (Edelweiss Special Opportunities Fund) under the Private Debt business with over 10 years of experience within Edelweiss. He has been part of the entire life cycle of ESOF 1 Fund. Mr. Kothari’s prior engagements include over 14 years of wholesale lending experience with Cholamandalam Finance, a leading NBFC in India, as the Business Head – Corporate Finance. He has also been Executive Vice-President and Head – Investment Banking in Dhanlaxmi Bank, a private sector bank based in South India. He holds an MBA from JBIMS, Mumbai and Bachelor’s degree in Engineering, University of Mumbai
Amit Agarwal
Fund Manager – Special Situations
Amit has close to 20 years of experience in stressed assets investments, origination, transaction structuring, turnaround & asset reconstruction. He has been a core member of Edelweiss stressed asset investment business since its inception. He is credited with several large & marquee investments as well as successful exits. Formerly, he has worked with investment banking at Edelweiss, strategic business unit at ARCIL and management consulting at PwC. Amit is an All-India Rank Holder Chartered Accountant and also has bachelor’s degree in Commerce from Lucknow University.
Rashesh Shah
Non-Executive Director & Chairperson
Venkat Ramaswamy
MD & CEO
Harish Agarwal
President & COO
Subahoo Chordia
President & Head – Real Assets
Amit Agarwal
President & Head – Private Credit
Sanjeev Rastogi
Fund Manager – Real Estate CreditParag Kothari
Fund Manager – Performing CreditVenkat Ramaswamy
MD & CEO
Venkat has three decades of experience in the financial markets and has been one of the driving forces in transforming what was once India’s first new age boutique investment bank to a leading independent financial services company. Amongst his responsibilities, he is also the Chairman of Edelweiss’s Asset Management Business and has oversight over Edelweiss Asset Reconstruction company. Using his skills at building and maintaining large institutional relationships, including International Pension Funds and Insurance companies, the Alternative Asset Management business has become among the largest in India over the last 5 years. He is an MBA from the University Of Pittsburgh, USA and he also holds a Bachelor’s Degree in Electronics Engineering.
Rashesh Shah
Non-Executive Director & Chairperson
Rashesh Shah is the Chairman of Edelweiss, one of India’s leading diversified financial services organizations.
Rashesh co‐founded Edelweiss in 1996, which has since evolved into a successful diversified financial services company with an underlying portfolio of seven independent and well-governed businesses. Edelweiss today employs more than 6,000 people working out of more than 250 officesspread acrossIndia. It serves over 8 million customers and manages assets exceeding INR 2.2 trillion. In its journey, Edelweiss has grown from an equity base of INR 1 crore in 1996 to the current equity base of more than INR 6,200 crore.
Rashesh has an experience of more than 35 years in financial services and is particularly driven about Edelweiss’ participation and contribution to India’s growth journey, and the transformational role financial services can play in translating India’s vast savings into investments. He is also deeply involved with the EdelGive Foundation, Edelweiss’s philanthropy arm, providing strategic oversight and advice, and is particularly passionate about charitiesinvolving sports and education.
A regular commentator on macro‐economic policies, development matters and financial markets in the mainstream and financial media, Rashesh serves on the Boards of various companies and public institutions. He hasserved asthe President of FICCI, which isIndia’s apex industry association and has also been a member of several government and regulatory committees including the Insolvency Law Committee on IBC. Rashesh has won several key awards over the years including EY Entrepreneur of The Year – Financial Services.
An MBA from Indian Institute of Management, Ahmedabad, Rashesh also holds a Diploma in International Trade from the Indian Institute of Foreign Trade, New Delhi. A voracious reader, he is a fitness enthusiast who enjoys playing tennis and is an avid runner. Rashesh continues to participate in triathlons and marathons across the globe.
Harish Agarwal
Chief Operating Officer – Edelweiss Alternative Asset Advisors
Harish Agarwal is Executive Vice President & Chief Operating Officer at Edelweiss Alternative Asset Advisors Limited. He has been with Edelweiss Group for over 5 years now, and is responsible for business strategy, risk and regulatory frameworks, finance, technology, process, and operations. Prior to Edelweiss, Harish was associated with DBS Bank, India for six years as Head- Special Asset Management & Restructuring Group. At DBS, he was senior credit risk approver for large corporate proposals and successfully set up the Special Asset Management division, which was adopted group-wide in 2010. Harish career spans over two decades of experience in the Banking & Finance sector. He was previously associated with HSBC and ICICI Bank wherein he was majorly responsible for management of stress assets. Harish is a Charted Accountant, Company Secretary and also holds a Bachelor’s Degree in Law (LLB) from Mumbai University.
Subahoo Chordia
Fund Manager – Infrastructure Yield
Mr. Subahoo Chordia has set up and heads the Edelweiss Infra Fund Business. He has total experience of almost 21 years in the Infrastructure Space across private fund management, asset management, corporate finance, mergers and acquisitions, capital markets and advisory. He is the man behind the vision and successful execution of first Infrastructure yield fund in India. He started Infrastructure practice in Edelweiss in 2007 and has shown ability to build businesses. Prior to joining Edelweiss, he has worked with Axis Bank and IDBI Bank in the project finance, portfolio management and investment banking. Amongst his roles, he has interacted with various key stakeholders in Infrastructure Projects including Government/Government Authorities, Lenders/Arrangers, Developers – both Indian & Foreign, Global & Domestic Investors, etc. He has an extensive network of relationships with Infrastructure companies in India and has worked with more than 100+ companies across the infrastructure sub-sectors. He has sourced and executed about 45 transactions with a deal value of c. US$ 5 bn across all sub-sectors including Highways, Renewables, Transmission, Ports, Airports, etc. He is a qualified chartered accountant with an All India 42nd Rank.
Sanjeev Rastogi
Fund Manager – Real Estate Credit
Mr. Sanjeev Rastogi leads the real estate investments practice and has been with Edelweiss for more than a decade. Formerly, he was a partner at IL&FS Investment Managers Limited for over two years and was a key member of the team responsible for raising and managing a USD 525mn offshore real estate fund. He has also worked for G Corp Realty, Australian Pacific Projects (India) and SembCorp (India). He holds a Master of Business Administration in Finance from the Katz School of Business, University of Pittsburgh, a Master Degree in Building Engineering and Management and a Bachelor Degree in Civil Engineering.
Parag Kothari
Fund Manager – Performing Credit
Parag Kothari has over 25 years of experience in financial services – Performing Credit. He heads the ESOF Strategy (Edelweiss Special Opportunities Fund) under the Private Debt business with over 10 years of experience within Edelweiss. He has been part of the entire life cycle of ESOF 1 Fund. Mr. Kothari’s prior engagements include over 14 years of wholesale lending experience with Cholamandalam Finance, a leading NBFC in India, as the Business Head – Corporate Finance. He has also been Executive Vice-President and Head – Investment Banking in Dhanlaxmi Bank, a private sector bank based in South India. He holds an MBA from JBIMS, Mumbai and Bachelor’s degree in Engineering, University of Mumbai
Amit Agarwal
Fund Manager – Special Situations
Amit has close to 20 years of experience in stressed assets investments, origination, transaction structuring, turnaround & asset reconstruction. He has been a core member of Edelweiss stressed asset investment business since its inception. He is credited with several large & marquee investments as well as successful exits. Formerly, he has worked with investment banking at Edelweiss, strategic business unit at ARCIL and management consulting at PwC. Amit is an All-India Rank Holder Chartered Accountant and also has bachelor’s degree in Commerce from Lucknow University.
Amit Agarwal
Investment TeamFund Manager – Stressed Assets Strategy
Kriti Ghosh
Investment Team
Executive Vice President
Puneet Jain
Investment Team
Executive Vice President
Navin Sambtani
Investment Team
Executive Vice President
Ananda Kumar C
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Satyen Kanabar
Asset Management Team
Practice Lead – Turnaround & Strategy
Amit Agarwal
Fund Manager – Stressed Assets Strategy
Amit has close to 20 years of experience in stressed assets investments, origination, transaction structuring, turnaround & asset reconstruction. He has been a core member of Edelweiss stressed asset investment business since its inception. He is credited with several large & marquee investments as well as successful exits. Formerly, he has worked with investment banking at Edelweiss, strategic business unit at ARCIL and management consulting at PwC. Amit is an All-India Rank Holder Chartered Accountant and also has bachelor’s degree in Commerce from Lucknow University.
Kriti Ghosh
Investment Team
Executive Vice President
Kriti has over 18 years of investment experience. Prior to joining the Edelweiss distressed credit business, he worked as an Investment Director at SSG Advisors India Pvt Ltd. He also worked with Lehman Brothers as VIce President Asia Special Situations Group. Prior to joining Lehman Brothers, he was a distress credit desk analyst at Adventity India Pvt Ltd. Post MBA he had joined HCL Group as a core member of mergers and acquisitions team. He holds an MBA (Finance) from IIM, Calcutta, and B-Tech. (Electrical Engineering) from IIT, Kanpur.
Puneet Jain
Investment Team
Executive Vice President
Puneet has over 17 years of experience in the Indian financial industry, comprising distressed assets and equity research. He has done more than 25 debt acquisition/fresh funding deals across different structures with broad spectrum of financial institutions. Puneet was featured by Private Debt Investor amongst 8 global professionals as “Titan of turnarounds” in November 2019. Prior to joining Edelweiss, he was an Executive Director at Goldman Sachs, heading research for India consumer and real estate sectors. He holds an MBA from IIM Ahmedabad and Bachelor’s degree in Electrical Engineering from IIT Kanpur
Navin Sambtani
Executive Vice President
Navin has 14 years of experience in stressed asset investments across two distressed assets cycles in India. Prior to joining Edelweiss, he led the India business of ADM Capital, an Asia focused special situations/distressed assets fund which also was the first foreign distressed asset investor in India. Apart from the franchise leadership role, Navin was involved in the full investment cycle of close to $650mn of investments in India between 2007 and 2017. Navin holds an MBA (Finance) from S.P. Jain Institute of Management, Mumbai and B.Com from St. Xavier’s College
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Satyen Kanabar
Asset Management Team
Practice Lead – Turnaround & Strategy
Satyen has over 18 years of experience in areas of operational turnaround, strategy, contract management, project management, operation management working across various infrastructure projects (Power and Port). Prior to joining Edelweiss, he has worked at Torrent Power, Suzlon Energy and Nuclear Power Corporation. He holds master’s in business law from National Law School of India University (Bangalore), executive post graduate diploma in general management from XLRI (Jamshedpur) and bachelor’s degree in instrumentation and control engineering (Gujarat University).
Pranjali Agrawal
Asset Management Team
Practice Lead – Turnaround & Strategy
Pranjali has close to 12 years of experience, primarily advising CXO’s on operational turnaround, corporate finance and strategy. Prior to joining Edelweiss, she worked with a Dubai based mining and natural resource conglomerate leading several performance improvement project’s across group companies, along side fund raising and financial restructuring. Pranjali has done her MBA from IIM Calcutta and B.Tech from NIT Bhopal.
Subahoo Chordia
Fund Manager – Infrastructure YieldSreekumar Chatra
Partner – Edelweiss Infrastructure Yield Plus FundAshish Kumar Jain
Investment DirectorSubahoo Chordia
Sreekumar Chatra
Partner – Edelweiss Infrastructure Yield Plus Fund
Sreekumar has over 25 years’ experience in the infrastructure space being part of many transactions in India, the UK, the Middle East and South Asia. His experience covers a range of sectors including transport, power & utilities, industrial parks and related infrastructure. He has a played key role in closing transactions in infrastructure sector valued at ~US$3bn having led many of them. He was also a member of the core team that raised the US$1.2bn Macquarie-SBI India Infrastructure Fund. At Edelweiss Infrastructure Fund, he has led the deployment of significant quantum of capital in the fund till date. Sreekumar’s work over the years is multi-disciplinary covering M&As, establishing funds & capital raisings, principal investing, asset management, policy advocacy & formulating regulations and advisory. He has held leadership roles in establishing new businesses, creating teams and building important relationships with industry players, governments, regulators and global investors. Prior to Edelweiss, Sreekumar has worked with Macquarie Capital, PwC, KPMG, Arpwood Capital and Feedback Ventures. He was also an adviser to Canada Pension Plan Investment Board (CPPIB). He holds a mechanical engineering degree and an MBA (Finance) from IIM Ahmadabad.
Ashish Kumar Jain
Investment Director
Ashish has around 18 years of experience in India and the UK across private equity, M&A and commercial banking. Previously he was the Director of Neev Fund and prior to that Director at Standard Chartered Private Equity. He has also worked with Standard Chartered Bank across Group Corporate Development (in-house M&A) in London and commercial banking in India. He holds a Bachelor of Science (Honours) in Mathematics from St. Stephen’s College, Delhi and an MBA from IIM Calcutta.
Parag Kothari
Investment Team
Fund Manager – Performing Credit
Navin Bhutoria
Investment Team
Investment Director
Gaurav Gairola
Investment TeamInvestment Director
Bishnu Agarwal
Investment Team
Investment Director
Anand Jalan
Investment Team
Investment Director
Samir Satyam
Investment Team
Investment Director
Shishir Kumar
Head – Transaction LegalParag Kothari
Investment Team
Fund Manager – Performing Credit
Parag Kothari has over 25 years of experience in financial services – Performing Credit. He heads the ESOF Strategy (Edelweiss Special Opportunities Fund) under the Private Debt business with over 10 years of experience within Edelweiss. He has been part of the entire life cycle of ESOF 1 Fund. Mr. Kothari’s prior engagements include over 14 years of wholesale lending experience with Cholamandalam Finance, a leading NBFC in India, as the Business Head – Corporate Finance. He has also been Executive Vice-President and Head – Investment Banking in Dhanlaxmi Bank, a private sector bank based in South India. He holds an MBA from JBIMS, Mumbai and Bachelor’s degree in Engineering, University of Mumbai
Navin Bhutoria
Investment Team
Investment Director
Navin has about 17 years of investing experience in private equity and special opportunities transactions. He has been with Edelweiss for over 11 years and has been part of the ESOF, performing credit fund, since the inception of this strategy and has been instrumental in seeing full cycle of a Fund, from fund raise to exit and return of capital. In his current role, he heads transaction evaluation, structuring, diligence & execution and manages portfolio post investment. His prior experience includes private equity investments with Temasek Holdings, Singapore. He holds an MBA from Jamnalal Bajaj Institute of Management Studies, Mumbai; CFA (India), ICFAI; and Master’s degree in Commerce from Mumbai University.
Gaurav Gairola
Investment Team
Investment Director
Gaurav has 18 years of experience in investing across the capital structure – senior secured to mezzanine to equity. At Edelweiss, he is responsible for deal origination for the Edelweiss Special Opportunities Fund. His previous associations include Darby Private Equity, Yes Bank and GE Capital. He holds an MBA from IIM Ahmedabad and a Bachelor’s degree in Engineering from the University of Delhi.
Bishnu Agarwal
Investment Team
Investment Director
Bishnu has 18+ years of lending experience with Citibank, SCB, Yes Bank and Edelweiss where he has worked on the origination side, leadership roles managing deal origination, management and profitable exit to the satisfaction of bank objectives. He is responsible for transaction origination, execution, post investment deal monitoring, exits and client management. Bishnu holds an MBA from MDI, Gurgaon
Anand Jalan
Investment Team
Investment Director
Anand has over two decades of experience across Credit, Capital Markets, Investment Banking, Global Markets and entrepreneurship. Prior to joining Edelweiss, he had over 13 years of experience at Citi heading Derivative Sales as part of the Corporate Sales & Structuring Group and later leading the DCM / Structured Finance Business as part of the Capital Markets / Investment Banking teams; subsequently headed the DCM / Structured Finance business at Standard Chartered Bank. He holds a Bachelor’s degree in Commerce, CFA from ICFAI, Hyderabad and a PGDM from IIM, Ahmedabad.
Samir Satyam
Investment Team
Investment Director
Samir is having 20+ years of experience in Alternative Investments, Structured Finance and Promoter Funding. In ESOF he is responsible for Investment Origination & Closures and Asset Management. Prior to joining Edelweiss, he was associated with Hero Fincorp ltd where he was responsible for managing and growing Structured Finance and Capital Market Lending business. Some of his prior associations include Strugence Capital, Bajaj Finance, Religare Finvest and Cholamandalam DBS Finance. Samir has completed his MBA from ICFAI Business School & BA (Economics) Hons from Delhi University.
Shishir Kumar
Head – Transaction Legal
Shishir is an astute legal professional with more than 22 years of experience in Banking and Finance sector handling matters related to NBFC, Banking, project finance, structured finance, real estate, corporate lending, stressed assets and litigation at every forums. He is presently part of Edelweiss Alternative Assets business as Head Legal for Private Debt. He joined Edelweiss NBFC in 2014 as Head Legal for Real Estate business and later worked as Head Legal for structured Finance business. Prior to joining Edelweiss, he was part of IDFC Ltd as Director- Legal for close to 8 years handling legal matters relating to project finance, fund raising and litigation. He also worked in IDBI Bank Ltd and as arguing counsel in Calcutta High Court.
Sanjeev Rastogi
Investment Team
Fund Manager – Real Estate Credit
Hina Kamra
Investment Team
Executive Vice President
Chirayush Agarwal
Investment Team
Senior Vice President
Saurabh Shah
Investment Team
Senior Vice President
Sourabh Agrawal
Investment Team
Senior Vice President
Abhishek Aggarwal
Asset Management Team – CommercialHari Misra
Asset Management Team
Head – Legal, Real Estate Financing
Mehul Naik
Asset Management Team – TechnicalSenior Vice President
Sanjeev Rastogi
Investment Team
Fund Manager – Real Estate Credit
Mr. Sanjeev Rastogi leads the real estate investments practice and has been with Edelweiss for more than a decade. Formerly, he was a partner at IL&FS Investment Managers Limited for over two years and was a key member of the team responsible for raising and managing a USD 525mn offshore real estate fund. He has also worked for G Corp Realty, Australian Pacific Projects (India) and SembCorp (India). He holds a Master of Business Administration in Finance from the Katz School of Business, University of Pittsburgh, a Master Degree in Building Engineering and Management and a Bachelor Degree in Civil Engineering.
Hina Kamra
Investment Team
Executive Vice President
Hina has overall work experience of 25 years in the financial sector across multiple asset classes and varied platforms (Commercial Bank, Investment Bank, NBFCs) predominantly in coverage, origination and execution team management roles for high value structured transactions with P& L responsibilities. She has been with Edelweiss for almost 11 years and has originated over USD 650mn in Real Estate Structured Credit with an outstanding AUM of over USD 230mn. Previously, she was the Exec Vice President and Head Fx and Derivative Sales at Kotak Mahindra Bank, where she was responsible for P&L, Coverage, Strategizing and Execution. Prior to this she was with IDBI Bank, PNB Gilts in senior positions. Hina has done Executive Program in Management from Columbia Business School, New York, PGDBM (Finance Marketing) from Institute of Management Technology, Ghaziabad and B Com (Honours) from Punjab University, Chandigarh.
Chirayush Agarwal
Investment Team
Senior Vice President
Chirayush has over 14 years of real estate investment experience. He was part of the team involved in developing and building approximately USD 2,000mn debt real estate book from inception. He is currently handling North zone and is based out of Delhi. Chirayush is an MBA from IIM Ahmedabad and a Chartered Financial Analyst (CFA).
Saurabh Shah
Investment Team
Senior Vice President
Saurabh has over 7 years of real estate investment and asset management experience in Edelweiss. Previously he worked at L&T Realty where he was leading the strategic sale and divestment initiatives. He holds a Master of Business Administration from Indian School of Business, Hyderabad and is a Chartered Accountant from the Institute of Chartered Accountants of India.
Sourabh Agrawal
Investment Team
Senior Vice President
Sourabh has over 18 years of experience in Financial Services in India, with specialisation in Real Estate Investments all through his career. He has experience in providing financial assistance to real estate developers in the form of debt, quasi equity, structured finance and investment in real estate projects. Sourabh joined Edelweiss team in 2015 and is currently working as SVP Real Estate Financing. Previously he was the regional head of Commercial Real Estate at Standard Chartered Bank and ICICI Bank where he was primarily responsible for handling commercial real estate lending requirements. Sourabh is a Chartered Account and ICWA.
Abhishek Aggarwal
Abhishek has joined Edelweiss in 2017 and he currently heads the asset management – Real estate, additional credit and underwriting. Prior to this he worked with Standard Chartered Bank as a Director of Relationship Manager Real Estate and other organisations such as Private Equity Investments and Pragnya Investment Management. Abhishek holds an MBA (Analytical Finance) from Indian School of Business, Hyderabad and a Bachelors of Engineering (Metallurgy) from Punjab Engineering Colllege.
Hari Misra
Asset Management Team
Head – Legal, Real Estate Financing
A science graduate, Gold Medalist in graduation in Law, also post-graduation in Law with 26 years of rich and diversified work experience – as an independent lawyer, with Public Sector Financial Institution and with Private Sector financial institution/conglomerate having expertise in both the transaction, litigation management, and advisory. He has a wide-ranging experience in structuring deals, structure financing, investigation of title, real estate financing, syndication of loan, securitization of debt, loan sale down, infrastructure projects, promoter funding, takeover financing, NPA resolutions, OTS and settlements, recovery and enforcement matters. He holds an LLM from University of Rajasthan and an LLB from Avadh University.
Mehul Naik
Senior Vice President
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Hemant Daga
Executive DirectorKamala Kantharaj
Non Executive DirectorSunil Phatarphekar
Independent DirectorKanu Doshi
Independent DirectorHemant Daga
Executive Director
Hemant Daga has 18 years of investment experience and is the CEO for Edelweiss Asset Management. As the head of the Asset Management business, Hemant is responsible for the Alternatives business and the Mutual Fund business. He has been instrumental in the scale up of the business, with Edelweiss Alternatives business being the largest Alternative Asset Manager in India. Hemant was instrumental in the conceptualization and launch of the first debt ETF in India, in association with the Government of India. He is considered as a leading voice on India Alternatives and India credit with deep expertise across the credit spectrum. He joined Edelweiss in 2005 and has been instrumental in scaling the Edelweiss Global Markets business across sectors, asset classes and geographies. Hemant has investment experience across asset classes in India. Additionally, he was also responsible for managing the treasury at Edelweiss and overseeing all investment decisions for the organization. He has been part of the core leadership team in designing and structuring the Edelweiss Leadership Programme, a key leadership and talent development forum for senior and mid-level Edelweiss employees. Prior to joining Edelweiss, Hemant worked with ICICI Bank in the Global Markets division gaining investment expertise across local and global markets. Hemant has done his Post Graduation from IIM, Bangalore.
Kamala Kantharaj
Non Executive Director
Ms. Kamala K. is a qualified Chartered Accountant and has rich and varied experience of more than 28 years in the field of corporate laws, securities laws and corporate governance in financial services sector. Ms. Kamala K. has been associated with Edelweiss group since 2016 as Group Chief Compliance & Governance Officer. Prior to Edelweiss, she was associated with National Stock Exchange of India (NSE) as Head – Regulatory Compliance. She has deep understanding of BFSI space.
Sunil Phatarphekar
Independent Director
Mr. Sunil Phatarphekar is the proprietor of SNP Legal (Advocates) and has over 30 years of experience as a practicing advocate. He started his career in 1987 with Crawford Bayley & Company, Advocates and Solicitors, a pre-eminent law firm. He was admitted as a partner in Mahimtura & Company, to enhance their corporate practice. Subsequent to that, he co-founded Shah Desai Doijode & Phatarphekar, Advocates. Mr. Phatarphekar also practices in the corporate field with specialization in commercial contracts and new technologies.
Kanu Doshi
Independent Director
Mr. Kanu Doshi is a chartered accountant with long professional career as a tax consultant to leading corporates & mutual funds. Presently, he is the Prof. Emeritus – Finance at the Welingkar Institute of Management Development & Research where he teaches tax planning, financial management and allied subjects. He has co-authored books on taxation and accounting.
Hemal Mehta
Chief Financial Officer
Niranjan Risbood
Head of Products Strategy & Marketing
Sushanth Nayak
Head of Credit & Operational Risk
Deepak Mukhija
Head of Compliance – Domestic
Khyati Parekh
Head – Legal Fund Formation
Ashish Pithawala
Director – Offshore ComplianceHemal Mehta
Niranjan Risbood
Head of Products Strategy & Marketing
Niranjan has ~21 years of experience across product strategy and research functions in the asset management and private banking/wealth management space. He has joined Edelweiss about 6 years back and has been working on product strategy and structuring, investor diligence and marketing of products – both onshore and offshore. Prior to joining Edelweiss, he has worked with Morningstar, Citi, HSBC and ICICI Bank in various positions. Niranjan is a CFA Charterholder, MBA from NMIMS and a Bachelors Deegree in Engineering from VESIT, Mumbai
Sushanth Nayak
Head of Credit & Operational Risk
Sushanth has ~23 years of experience across corporate banking, distressed asset resolution, structured credit, private equity investing, and credit rating having done deals in the infrastructure, healthcare, hospitality, media and real estate sectors. He joined Edelweiss in Feb-2014 as co-Head for the distressed fund and then moved to head the risk function for EAAA Funds in Jun-2016. Previously he was Vice President with the Global Special Opportunities Group at JPMorgan (India) responsible for origination, evaluation, structuring, and portfolio management. He has also held various positions in ICICI Bank, Infosys and CARE. He holds an MBA from Jamnalal Bajaj Institute of Management, Mumbai and Bachelor’s degree in Engineering from VJTI, Mumbai.
Deepak Mukhija
Head of Compliance – Domestic
Deepak has over 18 years of experience in Corporate secretarial & Business compliances out of which 14 years is with Alternative Investments. He has joined Edelweiss in September 2018 as Head – Compliance for Edelweiss Alternative Assets and is responsible for overall Compliance & Secretarial function for the business. Previously, he was the Company Secretary & Compliance Officer of Nippon Life India Asset Management Ltd. He has also worked with Kotak Private Equity for 9 years. He has also worked with Reliance Industries and PWC India, earlier. He is a qualified Company Secretary and holds Bachelor’s degree in Law from Mumbai University.
Khyati Parekh
Head – Legal Fund Formation
Khyati is part of the founding team at Edelweiss alternative asset advisors (EAAA). She currently heads the Legal – Fund Formation function at EAAA. She has ~12 years of experience across Legal, Strategy, Product, Marketing and investor Relations functions in the alternative asset management business. Prior to this she has been part of the investment banking team at Edelweiss. Khyati is an MBA from NMIMS and recognized as one of the 40-under-40 alternative investment professionals in India in 2020.
Ashish Pithawala
Director – Offshore Compliance
Ashish has over 20 years of experience in alternative fund management industry. His experience at Edelweiss and Q-India spans across various fund strategies of private equity, hedge funds, private debt, distressed investments & public markets investments. Currently, he is spearheading Edelweiss’ fund management function out of Singapore. At Edelweiss India, he has worked as the COO of the Alternatives Fund Management business and has played a key role in developing and executing the strategic goals of the company. Prior to this, at Q-India Investment Advisors Pvt Ltd, he was the founding member and served as a director at the fund manager. He is an MBA in Finance from Texas A&M University and also holds a Bachelor in Engineering degree from the University of Mumbai.
Fergus Fleming
United States
Pranjul Srivastava
United States
Chandi Jethu Ramakrishan
EMEA
Shirsha Ganguly
APAC
Vibhor Gujarati
India
Fergus Fleming
United States
Fergus has over 30 years of experience in emerging market finance with a focus on Asia, Emerging Europe and Africa. He has held senior leadership roles in institutional equity sales, business management, investment banking and private equity and has built and managed businesses in London, New York, Mumbai and Singapore. For the last ten years Fergus has been responsible for building out the institutional investor platform for Edelweiss Alternative Asset Advisors in North America and has raised substantial LP commitments from Public and Private Pension plans, Insurance Companies and Endowments.
Pranjul Srivastava
United States
Pranjul Srivastava is the Managing Director and Head of Business Development in North America for Edelweiss Financial Services Inc. He is in charge of cultivating relationships with institutional investors and marketing Edelweiss’s various alternative strategies. Prior to joining Edelweiss, Pranjul worked with Jina Ventures, a niche private equity firm focused on the secondary market within emerging markets. He has also worked at JPMorgan Chase and AllianceBernstein in an institutional sales role. Pranjul holds a Bachelor’s Degree in Economics and Biology from Tufts University and has an MBA from Thunderbird, The School of Global Management.
Chandi Jethu Ramakrishan
EMEA
Chandi joined Edelweiss Alternative Asset Advisors in June 2009 to develop the European and Middle East institutional investors’ base. Chandi has experience in solutions driven capital market products (both asset and liability). Extensive experience in structured finance and alternative investment funds capital raise to institutional investors. Previously Chandi worked in London from 1994 till 2009 for Investment Banks (NatWest capital markets, Bear Stearns and UBS) on the credit, structured finance and institutional clients’ solutions coverage side. Chandi holds a Master degree in Business economics from the Erasmus University Rotterdam.
Shirsha Ganguly
APAC
Vibhor Gujarati
India
Vibhor has c.20 years of experience in Coverage, Fundraising, Marketing Strategy, Alliance & Distribution and Business Development across Family Office & Institutions, Corporates and UHNI’s. He has been with Edelweiss for over 9 years and has been one of the key founding members of the onshore Alternative Asset Management business. He has been instrumental in raising funds across broad asset classes such as infrastructure, distressed credit, performing credit, high yield credit, real estate, as well as long-short equity. Previously he has worked with Indus Balaji Private Equity, ICICI, Barings PE (Investee Company JRG), Wipro & Saint Gobain. He holds a MBA degree in Marketing and BE in Mechanical Engineering.
On Ground Presence
A highly experienced 60+ member investment team coupled with the Edelweiss Group’s 25 year legacy of deep understanding of the Indian investment landscape helps us to source transactions and structure bespoke solutions for our portfolio companies
Deep Operating Expertise
A 100+ member strong asset management team with expertise in operating our infrastructure assets, working with developers on their real estate projects and helping turnaround stressed companies.
Robust Risk Management
Identifying, assessing, monitoring and managing risks is an integral aspect of our endeavour to deliver superior risk adjusted returns to our clients.
Independent evaluation of each deal with a focus on 3Cs – Collateral, Counterparty and Cash-Flows, aimed at safeguarding returns. Following the investment, our risk monitoring framework serves as a benchmark to help us detect, manage and mitigate risks throughout the lifecycle of the investment.
Strong Governance Framework
Good governance is the foundation upon which a resilient business is built. As an alternative asset manager, we believe that a strong
governance framework is the backbone of our business. Not only does it help us earn the trust of our stakeholders, but it also helps us
identify and mitigate the risks inherent to our organisation. We, therefore, strive to ensure the highest levels of ethical conduct
through our policies, practices and the checks and balances that we have put in place.
Our Key Governance Policies:
Edelweiss Alternatives in the News
Trust is the cornerstone of asset management business – Venkat Ramaswamy
Edelweiss Alternatives’ Rental Yield Plus Fund assets surge over Rs 2500cr with the recent acquisition of Bengaluru’s MMTP Projects
Edelweiss Alternatives backed platform concludes acquisition of L&T Infrastructure Development Projects Limited (L&TIDPL)
Edelweiss Targets â¹2k cr from 1st Local Performing Credit Fund
- 15 Mar 2024
- 2 min
Edelweiss Alts bets on robust returns from second fund
- 6 Mar 2024
- 2 min
Edelweissâ Alt Asset Mgmt Arm Raises â¹8k cr for Infra Fund
- 6 Mar 2024
- 2 min
Edelweiss Alternatives raises Rs.8000 crore for Infrastructure Yield Plus II (IYP II)
âEdelweiss Alt raises $1 bn fundâ â Mint
- 25 Oct 2023
- 2 min
Edelweiss Alternatives raises $1 billion (INR 8000 crore) for Third Special Situations Fund
Edelweiss Sees a Boom in Private Credit Market, Raises Rs 8,000 crore for Third Fund
Edelweiss Alternatives launches its First Climate Fund
- 12 Sep 2023
- 3 min
Edelweiss Alternatives backed platform signs agreement to acquire L&T IDPL
Edelweiss Alternatives closes âAnZenâ â a diversified Energy InvIT
- 16 Nov 2022
- 2 min
Time to fuel long-term credit growth through Alternative Investment Funds
Edelweiss Fund Buys 2 Navayuga Road Assets
- 8 Jun 2020
- 3 min