SHAILENDRA DHAKADEY - CO_FOUNDER AND MANAGING DIRECTOR
Mr. Shailendra Dhakadey is B. Tech in Chemical Engineering and an MBA in International Business from Indian Institute of Foreign Trade, New Delhi. He has over sixteen years of experience in Distressed Assets Management, Corporate Banking and managing business start-ups. He has worked with Asset Reconstruction Company (India) Ltd. (ARCIL) as a part of Asset Resolution Group managing the portfolio across various industry like Textiles, Pharmaceutical, Engineering, Packaging, Ceramics, Dyes & Specialty Chemicals, Metal processing and Hospitality thereby gaining exposure in various aspect of ARC operations and Distressed Debt Investment Management. His extensive industrial relationships across various players in distressed debt space including Banks, ARCs, Distressed Debt Funds helps the organization to play a key role in structuring NPL portfolio transactions coupled with resolution strategies. As a result, he is the most referred professional in the Industry.
He was invited as a speaker at Asia Pacific Distressed Investing and Corporate Restructuring Summit 2014 & 2015, organized by Euromoney, Hong Kong to speak on Indian Distress sector. He was part of BSE- KAMCO conducted international program on Non-Performing Loan (NPL) Management at Korea, Thailand, Malaysia and Hong Kong. He also attended Venture Capital Development Program at Indian School of Business, Hyderabad. He gained rich banking experience both on Corporate Banking and Retail Banking at ICICI Bank Ltd. from the year 2003 to 2006. Prior to joining ICICI Bank, he had worked with Maruti Udyog Limited from 2001 to 2003 with New Businesses Group.
SURYA MAHADEV - JOINT MANAGING DIRECTOR
Mr. Surya Mahadev has over 30 years of experience in the Indian financial sector, spanning project finance, corporate credit & restructuring, consulting and stressed asset investments & resolutions. Over the past 15 years, he has focused exclusively on investing into and resolving stressed assets.
As a core member of the inception team at ARCIL, India’s first Asset Reconstruction Company (ARC), he was instrumental in concept selling to the lending community, valuation & acquisition of NPAs, and formulation & execution of resolution strategies - from deep restructurings, settlements to SARFAESI enforcements.
At Wilbur Ross’s India operations, he was a key member of a three - person team that raised a $300MN India-dedicated distressed PE fund. Through the life cycle of the fund, he was responsible for deal origination, diligencing, structuring and monitoring of investments all the way to exit. Over the last 4 years of his stint there, he headed the India office, reporting directly to Wilbur Ross. While representing the fund on the Board of investee companies, he was also actively engaged in managing the investee companies.
At Multiples PE fund, he was engaged in setting up a distressed investment practice and evaluated several transactions from early stage stress & special situations to deep distressed IBC bids.
During the first 14 years of his work life, Surya was with ICICI’s corporate lending team, building up a strong foundation in risk assessment, credit, and restructuring. He headed ICICI’s Baroda office for a year and represented ICICI on the boards of several companies.
Surya Mahadev is a B. Tech (Hons) in Metallurgical Engineering from IIT Kharagpur, and an MBA from IIM Calcutta. Aside from his impeccable academic background and rich experience of the distressed asset space, he brings with him an extensive network of relationships with the lending & investing community, industry professionals and intermediaries active in this space.