Greatvalue Capital gets SEBI nod for managing Rs 1,500 crore distressed asset AIF

New Delhi: The Security & Exchange Board of India (SEBI) has granted licence to Greatvalue Capital for operating & managing Rs 1,500 crore distressed asset alternative investment Fund (AIF).

The AIF will work towards acquiring & managing range of distressed assets including the non-performing loans, distressed real estate & reality businesses.

Greatvalue Capital has a proven track record of identifying, acquiring distressed assets and redrawing its growth chart by making the businesses profitable. As the assets turn into green, it enables investors to generate good returns. With a whopping Rs 1,500 crore fund amount, Greatvalue will have enough resources to pursue attractive investment opportunities.

Greatvalue Group CMD Manoj Agarwal says that India’s growing economy has huge potential for investment opportunities in distressed sectors and with time, they will reap returns.

“India’s distressed asset market presents a significant opportunity for investors who have the expertise to navigate this complex space. With the Indian economy continuing to grow, we believe that there will be attractive investment opportunities in distressed assets, particularly in sectors such as real estate, infrastructure, and financial services,” said Manoj Agarwal.