Many private equity firms that had showed interest in investing in stressed assets after the enactment of the Insolvency and Bankruptcy Code three years ago have remained on the sidelines due to legal and procedural uncertainties. A few PE firms have teamed up with strategic players to tap into the opportunity. What lessons have they learnt?
Kalpesh Kikani, senior managing partner at AION Capital, and Anurag Das, CEO of Blackstone-controlled International Asset Reconstruction Company Pvt Ltd, discussed these issues at the VCCircle Stressed Assets Investment Summit last month. For details, watch the video.