Stressed Assets Resolution and Its Recent Developments: Interpretation by Shyam Maheshwari, SSG Capital

Shyam Maheshwari, the founder and partner at SSG Capital Management, is a prominent figure in the world of investments and asset management. With a distinguished career spanning 17 years, Maheshwari has been a key player in deal origination, analysis, and investment in Asia. His expertise extends to evaluating investment opportunities not only in India but also across various regions in Asia. Additionally, he serves on the Ares SSG investment committee and holds a directorship at Ares SSG Singapore.

Shyam Maheshwari's journey in the financial sector began in 1999 at Lehman Brothers, marking the inception of a remarkable career that would see him become a driving force in the industry. During his tenure at SSG Capital, he played a pivotal role in deal origination, analysis, and investments in Asia, with a special focus on India's business development.

In a recent discourse, Shyam Maheshwari SSG sheds light on the resolution of stressed assets and its evolving landscape. He emphasizes the substantial growth of stressed assets, which have now become a $4.5 billion platform. India, in particular, has been a significant part of their investments since 2009, owing to the nation's burgeoning economy and promising growth prospects.

Mr. Maheshwari acknowledges the challenges of investing in the Indian market, highlighting that it demands diligent effort and perseverance. Foreign investors have conducted 14 steel site visits in the last two years, although they have not yet concluded any deals in India. Nevertheless, Maheshwari stresses the value of continuous learning and the absence of "wasted learning." In his view, foreign investors must commit to refining their processes and remain open to investing their capital in India.

Discussing the challenges encountered in the Indian investment landscape, Maheshwari underscores the importance of fundamentally sound assets for successful investments. Operating assets take precedence in their criteria, as they carefully evaluate various factors, including the economic cycles, government policies, and the evolving landscape. At the time when they began exploring these assets, the Insolvency and Bankruptcy Code had not yet been enacted, and the restructuring process was still 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 career trajectory and expertise position him as a prominent figure in the financial sector, and his insights shed light on the ever-evolving investment landscape in India and Asia.