India Special Situations Trust — SSG Capital | wisefolio

India Special Situations Trust

Asia-focused special situations and private credit

IN/AIF2/18-19/0561Cat II

Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.

Overview

About

India Special Situations Trust (IN/AIF2/18-19/0561) is a SEBI-registered Category II AIF managed by SSG Advisors (India) Private Limited (CIN U93090MH2013PTC247271), the Indian investment management entity of SSG Capital Management — a leading Asia-focused special situations and private credit investment manager. SSG Capital Management was founded in 2009 and is headquartered in Hong Kong, with offices across Asia including India. The firm manages approximately USD 8+ billion across Asia in special situations, distressed credit, and event-driven strategies. SSG India's office is at C Wing, One BKC, Bandra Kurla Complex, Mumbai (Units 1009-1013 per SEBI AIF registration; 1408-09 per MCA — both in C Wing, One BKC). The India Special Situations Trust is SSG's domestic AIF, complementing its offshore fund structures. SSG typically invests USD 25–250 million per transaction across performing credit, special situations, and control investments in India, Southeast Asia, and Greater China. Directors: Manish Jain and Nilesh Bishwambharlal Modi (both at One BKC, Mumbai). Founded: Aug 21, 2013.

Investment Philosophy

SSG Capital Management invests in complex, bespoke credit and special situations transactions across Asia, combining deep sector expertise with a proven ability to structure, execute, and manage complex investments. In India, SSG targets performing and special situations credit, corporate carve-outs, and restructuring situations — providing flexible capital solutions where traditional lenders cannot. SSG has a long-term value creation orientation, taking active roles in corporate governance and operational transformation when required.

Team— 4

Nilesh Bishwambharlal Modi

Director, SSG Advisors (India) Private Limited; SEBI Contact Person

Nilesh Modi is a Director of SSG Advisors (India) Private Limited (CIN U93090MH2013PTC247271) and the SEBI-designated contact person for India Special Situations Trust. He is reachable at nmodi@ssgadvisors.in from One BKC, Mumbai. Note: this Nilesh Modi (SSG Capital) is different from Nilesh Modi of Reliance Industries (Chairman's Office) who also shares the same name.

Manish Jain

Director, SSG Advisors (India) Private Limited

Manish Jain is a Director of SSG Advisors (India) Private Limited, the longest-serving director (appointed Dec 30, 2014), contributing to fund governance and investment management for India Special Situations Trust.

Edwin Wong

Co-Founder & Managing Partner, SSG Capital Management (Hong Kong)

Edwin Wong is a Co-Founder and Managing Partner of SSG Capital Management, the parent entity of SSG Advisors (India). He co-founded SSG in 2009, building it into one of Asia's leading special situations and credit managers with USD 8+ billion in AUM.

Andreas Hadjipapas

Co-Founder & Managing Partner, SSG Capital Management

Andreas Hadjipapas is a Co-Founder and Managing Partner of SSG Capital Management. He co-founded the firm in 2009 alongside Edwin Wong, building its presence across Asia-Pacific including India.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF2/18-19/0561

VintageJul 2018 · 8 yrs old

Valid ToPerpetual

Contact PersonNilesh Modi

Address1009, 1010, 1011 and 1013, C Wing, ONE BKC, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra, 400051

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Disclaimer

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