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Managed by Aikyam
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
Aikyam Capital Group is an integrated financial services platform offering solutions across investment banking, asset management, institutional broking, capital markets advisory and stressed asset resolution. The firm supports businesses and investors across the full lifecycle of capital, combining market intelligence with disciplined execution and regulatory compliance.
Nilesh Choudhary
Founder & CEO
Nilesh Choudhary is a veteran leader with nearly two decades of experience in asset management and alternative investments. A Chartered Accountant with a PGDBM in Finance from NMIMS, he previously built Edelweiss Financial Services’ Alternative Investments division in Singapore and led international expansion across Asia, the Middle East and Africa. At Aikyam Capital he focuses on delivering regulated, transparent investment solutions for global investors entering the Indian financial markets.
Navnit Choudhary
Co-Founder
Navnit Choudhary is a Chartered Accountant with over two decades of experience across finance, taxation, regulatory frameworks and business strategy. He has extensive expertise in distressed asset management, structured finance and complex transactions, with a strong track record in business turnarounds and regulatory navigation. He focuses on building scalable platforms for asset recovery and special situations investing.
Anand Mody
Group COO & Head – Investment Banking
Anand Mody leads operational strategy, platform scalability and execution governance across investment banking at Aikyam Capital. With deep expertise in trading systems and risk management, he ensures disciplined deal execution and strong control frameworks that support sustainable growth and regulatory compliance.
M. Venkatasubramaniam
CEO – Stressed Asset Management
M. Venkatasubramaniam leads Aikyam’s stressed and distressed asset platform with expertise in special situations, structured finance and syndication-led transactions. He focuses on disciplined evaluation and stakeholder-aligned resolution strategies, including identifying businesses within the Corporate Insolvency Resolution Process that can be successfully turned around.
Manoj Shetty
Managing Partner – Capital Markets
Manoj Shetty brings more than 25 years of experience across banking and capital markets. At Aikyam Capital he leads capital markets advisory and execution with a focus on investment structuring, disciplined portfolio management and regulatory alignment to deliver long-term value for investors.
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Vishal Goraddia
Managing Partner – Asset Management
Vishal Goraddia has over 18 years of experience across fund management, treasury and capital markets in India and international markets. He leads investment execution at Aikyam Capital, overseeing portfolio management and risk governance while ensuring capital deployment aligned with regulatory standards and long-term value preservation.
Vishal Trehan
Chief Operating Officer – Broking
Vishal Trehan has over 30 years of experience in capital markets and financial services. He oversees group-wide operations, enterprise risk management, technology enablement and regulatory compliance at Aikyam Capital, focusing on building resilient operating models and scalable execution frameworks.
B. Mugunthan
Head – Debt Syndication
B. Mugunthan leads debt syndication activities at Aikyam Capital, overseeing origination, structuring and execution of debt capital market transactions. With over two decades of experience in financial services, he focuses on disciplined deal execution and strong issuer-investor alignment.
Vanita Salian
Head – Institutional Sales Trading and Client Coverage
Vanita Salian leads the institutional trading desk and oversees client coverage across domestic and international investors. She focuses on disciplined execution, strong governance and consistent market access within robust risk and compliance frameworks.
Pallavi Desai
Head – Client Relations
Pallavi Desai leads client relations at Aikyam Capital, managing institutional investor engagement across domestic and global clients including FPIs. She focuses on structured onboarding, relationship governance and building long-term investor partnerships.
Jyoti Bhandari
Advisory Board Member
Jyoti Bhandari is a private wealth and investment advisory professional with over two decades of experience serving ultra-HNIs and family offices. She has held senior positions at institutions including BNP Paribas, Edelweiss Global Wealth, L&T Private Wealth and IL&FS and specializes in alternative investments and global portfolio management.
Satyendra Sarupria
Advisory Board Member
Satyendra Sarupria is a seasoned auditor and member of the Institute of Chartered Accountants of India with over 39 years of experience in statutory and internal audits. His expertise spans company law, taxation and regulatory compliance across corporate and financial institutions.
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