ABOUT US
Areion Assets Management is the investment management branch of the group ACAIPL Investment and Financial Services Private Limited (formerly known as ACAIPL Corporate Advisors (India) Private Limited), a boutique finance and investment services firm promoted by professionals having rich experience in distressed banking, stressed loan management and NPA resolution. The company offers end-to-end services to Corporations, Banks, NBFCs, Co-operative Banks and ARCs.
In each of its endeavors, Areion brings to the table:
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A decade of experience in the stressed assets industry.
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Pan India operations, with offices in Mumbai, Delhi, Kolkata, Hyderabad and Ahmedabad for the resolution of stressed debt across a variety of industries, thusly a thorough understanding of legal and practical challenges in resolving stressed assets.
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Pivotal experience in handling recovery of over INR 5,000 Cr in stressed assets.
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Sound knowledge of SARFAESI, DRT, IBC and related legislations.
Introducing Areion Special Situation Fund
Category II Alternate Investment Fund
Areion Special Situation Fund is a contributory determinate investment trust organised under the Indian Trust Act 1882 and registered with SEBI as Category II Alternative Investment Fund. Areion Assets Management Private Limited serves as the investment manager and ACAIPL Investment and Financial Services Private Limited (formerly known as ACAIPL Corporate Advisors (India) Private Limited) is the sponsor of the fund.
The investment objective of the Fund is to carry on the activity of a ‘Category II AIF’ and generate long term capital appreciation and yield (commensurate to the risk profile of the assets) by investing in debt and/or equity securities in companies or assets of companies in India that are experiencing financial stress or distress, or showing a potential for distress; real estate assets and, debt securities, equity securities, quasi equity, mezzanine debt and / or security receipts issued under the various schemes of trusts declared by Asset Reconstruction Companies (“ARCs”) or other permitted financial entities, and/or instruments.
For fund documents and other pertinent fund information, please contact Areion Asset Management Private Limited. So far, the Fund has launched 3 schemes & successfully closed Scheme I and Infra Scheme.
Areion Special Situation Scheme I
Launched in March 2019
Funds Size: 100+25 Crores
Tenure: 5 years
Final closing announced in Oct 2019
Final distribution made in Dec 2022
Areion Special Situation Scheme II
Launched in March 2020
Fund Size: 250 + 225 Crores
Tenure: 5 years
Final closing announced in September 2022
Areion Special Situation Infra Scheme
Launched in September 2021
Fund Size: 1000 + 4000 Crores
Tenure: 5 years
Final closing announced in November 2021
Final distribution made in April 2023
INVESTMENT PHILOSOPHY
The only constant in evolving modern business remains the perennial need for capital. Areion can use its existing strength and capabilities to leverage profitable opportunities in Category-II Alternate Investment Fund space.
FUNDING ARC
•With all restructuring guidelines repealed, ARC is the only mechanism for banks to avoid IBC proceedings.
•Small initial investment to acquire large asset portfolio, and big opportunity with banks looking to clean their books.
•We have deep understanding of ARC business with immense exposure in closure of deals with most ARCs.
INTERIM FINANCE DURING CIRP
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6600 cases admitted under IBC between Jan-2017 and June-2023.
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Most of these companies have drained their working capital to service bank over dues.
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Resolution professionals have the power to raise interim finance for continuing operations.
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Continuing operations during CIRP helps fetching higher value for the assets.
THE TEAM
Introducing the Investment Managers
ANAND CHALWADE
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Executive Vice President, Essel Group from 2007 to 2017, where he had exposure to creating infrastructure vertical at Essel Group as CFO of Essel Infraprojects Limited.
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Prior work experience include Reliance Industries Limited from 1995 to 2000; in Textile at Raymond Limited from 2000 to 2002; at Essel Group (Satellite & Cable Television) from 2002 to 2005; and at Asset Reconstruction Company (India) Limited from 2005 to 2007.
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BE in Chemical Engineering from Indian Institute of Chemical Technology, Mumbai; Masters in Financial Management from Jamnalal Bajaj Institute of Management.
OPEN POSITIONS
Are you ready to apply your knowledge and background to exciting new challenges? From learning to leadership, this is your chance to take your career to the next level. Search and apply for a job today.
Positions Available
Please send your resume to hr@areion.in and we will contact you if your candidature meets our requirements.
CONTACT US
Contact us for more information, fund documents and other pertinent information.
Corporate Office:
Kohinoor Square,
47th floor, N.C Kelkar Marg,
R.G. Gadkari Chowk, Dadar (West),
Mumbai-400028.
Registered Address :
D/511, Kanakia Zillion,
Junction of LBS Road and CST Road,
BKC Annexe,
Kurla (West), Mumbai – 400070,
022-26521802/03
AREION GROUP
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Areion Finserve Private Limited