Insight on the settlement of stressed assets and its changing landscape – Shyam Maheshwari

Shyam Maheshwari, the founder of Nextinfinity Management Pte Ltd and SSG Capital Management, is a well-known figure in the asset management and investment sectors. With a distinguished career spanning 17 years, Maheshwari has played a pivotal role in deal origination, analysis, and investment activities across Asia. His expertise extends beyond India, encompassing various parts of Asia. Additionally, he holds a directorship at Ares SSG Singapore and actively participates in the Ares SSG investment committee.

Mr. Maheshwari embarked on his financial journey in 1999 at Lehman Brothers, laying the foundation for a remarkable career that would establish him as a driving force in the industry. His tenure at SSG Capital was marked by significant contributions in deal origination, analysis, and investment activities in Asia, with a specific focus on fostering India’s business development.

In a recent discussion, Shyam Maheshwari SSG Capital Management provides valuable insights into the settlement of stressed assets and the evolving landscape in this domain. He underscores the substantial growth of the stressed asset market, which has expanded into a $4.5 billion platform. India has played a significant role in their investments since 2009, owing to its burgeoning economy and promising prospects.

Maheshwari acknowledges the challenges associated with investing in the Indian market, emphasizing the need for diligence and perseverance. He notes that foreign investors have conducted 14 site visits in the steel sector over the past two years, although they have yet to finalize any deals in India. Nonetheless, Maheshwari emphasizes the importance of continuous learning and the absence of “wasted learning.” He believes that foreign investors should commit to refining their processes and remain open to allocating their capital in India.

When discussing the challenges encountered in the Indian investment landscape, Shyam Maheshwari highlights the significance of fundamentally sound assets for successful investments. Operating assets take precedence in their evaluation criteria, as they meticulously assess various factors, including economic cycles, government policies, and the evolving business environment. Notably, their exploration of these assets began before the enactment of the Insolvency and Bankruptcy Code, and during a time when the restructuring process was in its infancy.

In essence, Shyam Maheshwari’s insights and experiences reflect a deep commitment to navigating the complexities of the investment world, particularly in the context of stressed asset resolution. His illustrious career trajectory and expertise position him as a prominent figure in the financial sector. His valuable insights shed light on the ever-evolving investment landscape in India and Asia as a whole.