Venture Intelligence (TSJ Media Pvt. Ltd.)
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Sanjay Jain to buy 35% in stressed-asset focused funds of Capri Group
Sanjay Jain, former head of Aditya Birla ARC, is set to acquire a 35% stake in the stressed asset funds of the Capri Group. Jain will join as managing partner of Capri Stressed Assets Fund (CSAF) and Capri Special Situations Fund 1 (CSSF1), the alternative investment platform. Currently, he is MD and chief investment officer of the platform.At Aditya Birla ARC, Jain led stressed-asset investments of about INR 6,000 crore and delivered resolutions generating internal returns exceeding 40%.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.