Indiabulls India Alternatives Trust

CFA. Mr. Sumit Bhatnagar had more than 18 years of work experience in the Financial Services Industry across AMC, regulatory bodies and banks. He was associated with Indiabulls Mutual Fund for almost a decade, including heading the equity vertical for six years. Previously, he worked with SEBI in their Investment Management Department for more than four years. He managed key equity schemes at Indiabulls AMC including the Indiabulls Blue Chip Fund, Tax Saving Fund, Arbitrage Fund and Savings Income Fund. He subsequently moved to LIC Mutual Fund Asset Management Ltd as Fund Manager – Equity.

B.A. (Honours) in Economics, Delhi University; PGDBF (Indian Institute of Finance); CFA Level 1 (CFA Institute); studied Economics at University of Melbourne. Mr. Karan Singh had more than 16 years of experience in the financial industry with a focus on Fixed Income Fund Management. He held the position of Head of Fixed Income Research at Indiabulls Asset Management. He began his career as an Intern Analyst at IL&FS AMC Ltd. in 2002, then joined Escorts AMC as an Analyst in the Fund Management and Fixed Income department. He subsequently worked as a Senior Analyst at ICRA Ltd. in the Banking and Finance department, before moving to Fidelity Investments as an Associate for Fixed Income, followed by stints at Taurus Corporate Advisory Services, DIOS Capital and Invesco Asset Management before joining Indiabulls AMC in March 2018.

Mr. Malay Shah managed Indiabulls AMC's key debt and liquid schemes including the Indiabulls Liquid Fund, Ultra Short Term Fund, Short Term Fund and co-managed the Savings Income Fund alongside Sumit Bhatnagar.

B.Com (University of Mumbai), Chartered Accountant. Ambar was CEO and Whole Time Director of Indiabulls Asset Management Company Limited and later continued in that capacity at Indiabulls Investment Management Ltd. He brings substantial deal-making and structuring experience in the Real Estate sector. Prior to joining Indiabulls, he was associated with JLL as Managing Director, where he successfully ran five businesses including Corporate Finance, Education, Healthcare and Social Housing, Special Development Initiatives and Infrastructure. He had worked with DTZ for over five years profitably leading the Investment Advisory business for India which included Capital Raising, Valuations and Strategic Consulting Services. Additionally, the firm's presence in West India for other service lines — including Commercial Leasing, Project Management and Research — was set up under his leadership. With over 20 years of experience in India and Australia, Ambar focused on the Real Estate sector for the last 10 of those years. His non-real estate stints as an investment banker included IL&FS where he set up the Fee Based Investment Banking business for India, Ambit Corporate Finance and KPMG.