Managing Director, India Resurgence Fund (India RF)
Shantanu carries with him more than two and half decades of experience in banking and financial services. He currently is the Managing Director of India Resurgence Fund (‘IndiaRF’, A Piramal Enterprises Limited and Bain Capital Credit Partnership) a distress fund which focusses on investment in distress assets and underlying debt from the large Indian NPL market, in growth sectors such as industrials, infrastructure, manufacturing etc., taking direct control / oversight through Indian bankruptcy law or outside of the law, and working through a financial and operational turnaround plan.
Prior to joining IndiaRF, he was the co-head of the structured investment group with Piramal Enterprises Ltd (“Piramal SIG”) and before that he was a Partner with New Silk Route Advisors Pvt. Ltd., a Private Equity Fund with over USD 850 million in AUM (“NSR PE”).
At Piramal SIG he was focussed on investing across distressed and special situations in India in myriad of sectors including infrastructure, renewable, road, cement etc. through a diverse set of high yield structured credit products backing a robust and credible business / turn-around plan, which enabled securing returns to all concerned stakeholders.
At NSR PE he was focussed on investing equity growth capital, creating value and monetizing investments across several sectors, including financial services, consumer, infrastructure, media & manufacturing. His portfolio included controlled and turnaround deals involving active operational and turnaround management.
Shantanu’s vast work tenure includes, work experience with global MNCs. as ANZ Grindlays Bank, Star TV and Walt Disney with P/L and business development responsibilities.
Shantanu is a Chartered Accountant by qualification and did his article ship with Arthur Andersen.
His hobbies includes travelling and running including participating in global marathon events.