About Company
Areion Assets Management Private Limited
Areion Assets Management Private Limited (also known as Areion AMC) serves as the specialized alternative fund manager, financial advisory house, and investment research engine powering the Areion Group. Established as a leading platform in specialized debt recovery and distressed solutions, the firm has participated in corporate debt restructurings and asset resolutions exceeding ₹30,000 Crore across India's banking ecosystem. Headquartered in Mumbai with localized offices across Delhi, Kolkata, and Ahmedabad, the AMC pairs restructuring experience with risk frameworks to structure absolute-return alternative channels for high-net-worth allocators.
Fund Snapshot
| Parameter | Details |
| Fund Name | Areion Special Situation Trust |
| Fund Category | Category I Alternative Investment Fund (AIF) – Special Situation Fund (SSF) Sub-Category |
| SEBI Registration Number | IN/AIF1/24-25/1567 |
| Investment Manager | Areion Assets Management Private Limited |
| Sponsor | ACAIPL Investment and Financial Services Private Limited |
| Core Asset Strategy | Secured Stressed Assets, NPA Resolution, IBC Acquisitions, and OTS Funding |
| Minimum Investment | ₹1 Crore (Standard Statutory Benchmark for Indian AIFs) |
| Corporate Headquarters | 47th Floor, Kohinoor Square, N.C. Kelkar Marg, Dadar West, Mumbai - 400028 |
Fund Purpose
The Areion Special Situation Trust is structured as an institutional-grade pooling vehicle under SEBI’s dedicated Category I Special Situation Fund (SSF) sub-category regulations. The primary objective of the trust is to acquire, manage, and resolve stressed loans, non-performing assets (NPAs), and companies undergoing debt restructuring. By mobilizing private capital from ultra-high-net-worth individuals (UHNIs) and family offices, the vehicle aims to acquire secured stressed credit directly from commercial banks, NBFCs, and financial institutions, providing systemic liquidity while unlocking deep-value turnaround alpha.
Fund Philosophy
Focus on Secured Stressed Assets
The fund targets stressed debt opportunities backed by robust underlying collateral, primarily real estate, industrial infrastructure, and operating corporate assets. This asset-backed focus ensures a comprehensive legal and physical margin of safety.
Active Resolution and Turnaround Management
Moving away from passive investment setups, the fund implements comprehensive operational and financial turnarounds. The manager restructures broken corporate capital paths, facilitates One-Time Settlements (OTS), and works through the Insolvency and Bankruptcy Code (IBC) to revive operational efficiencies.
Close Strategic ARC Integration
The deployment thesis utilizes deep operational ties with Asset Reconstruction Companies (ARCs), specifically collaborating with platforms like Omkara ARC. The fund targets the acquisition and restructuring of Security Receipts (SRs) to accelerate resolution timelines.
Strict Forensic and Legal Underwriting
Given the regulatory nature of the distressed asset corridor, underwriting relies on intensive forensic accounting, clear title verification, and deep expertise across domestic banking frameworks like the SARFAESI Act, DRT pathways, and IBC processes.
Capital Preservation and Asymmetric Payoffs
The portfolio logic prioritizes downside protection through steep asset purchase discounts relative to fair market value. This risk-first design insulates investor capital from public market volatility while capturing asymmetrical returns upon successful corporate liquidations or turnarounds.
Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.
Ajay Mehta
Mr. Ajay Mehta is an experienced corporate finance professional and distressed credit asset strategist who leads macro capital deployment, underwriting committees, and institutional risk management frameworks at Areion Assets Management Private Limited. Bringing deep expertise in special situation underwriting, banking asset recovery, and structural transactional design to the company, he directly oversees the platform’s multi-scheme asset allocations and regulatory execution tracks to manage risk and deliver structured returns across the group's special situation portfolios.
Find answers to common questions about fund investments, performance, portfolio strategy, and investor services.
The Areion Special Situation Fund runs under Category II AIF norms, whereas the Areion Special Situation Trust operates under the specialized Category I AIF – Special Situation Fund (SSF) sub-category (SEBI Code: IN/AIF1/24-25/1567).
The trust's flagship vehicle, Scheme IV, was launched with an aggregate target corpus of ₹500 Crore to scale targeted debt-buying operations across secured Indian enterprise exposures.
The trust is driven by the Areion Group, founded by veteran distress investment professional Manish Motilal Lalwani, and sponsored by ACAIPL Investment and Financial Services Private Limited.
In absolute conformity with the alternative asset regulations managed by SEBI, the private trust enforces a mandatory minimum entry ticket floor of ₹1 Crore per individual investor.
The platform structures its corporate deployments around a baseline minimum internal hurdle rate of 10%, employing performance-linked carry splits that adjust based on aggregate portfolio recovery tiers.
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Disclaimer: Investing in AIF, PMS, Gift City or Mutual Fund is subject to market risk. Please read the related documents carefully. Past performance does not guarantee future results and there is no assurance that the managed accounts will necessarily achieve their objectives. Actual portfolios may differ as a result of account size, client-imposed investment restrictions, the timing of client investments and market, economic, and individual company factors. We at ALTPORT do not guarantee any returns in the hands of investors, nor do we take any sort of accountability for the performance of the scheme.