IIFL AMC has announced the appointment of Pranob Gupta and Abhinav Jain to lead the structured debt fund under its AIF business. The duo will lead investing in structured credit opportunities for Indian corporates and promoters.
Prior to joining IIFL Asset Management business, Pranob Gupta was associated with KKR India where he was a senior structured finance originator. Earlier, he was with Citibank NA, Credit Suisse and Deutsche Bank among other organizations. He has extensive experience in structured credit and special situations investing.
Abhinav Jain used to run his own Advisory and was earlier associated with Capital First and Deutsche Bank among other organizations. He has rich experience across origination, structuring and syndication of private financing and structured finance transactions.
Karan Bhagat, Founder, MD & CEO, IIFL Investment Managers said, “They have come on board at a time of major opportunity in Indian structured debt and their domain expertise will go a long way in providing bespoke solutions for client needs.”