Other Business

Alternative Investment Funds

About Us

UTI Structured Debt Opportunities Fund 1 is a category II Alternative Investment Fund registered with SEBI. The Fund is focused on generating superior risk adjusted returns by investing in currently under served structured debt opportunities emerging across sectors. Our target credit opportunities are in the areas of
Consolidation of Shareholding
M&A Financing
Funding Project Time & Cost Overruns
Holdco Financing
Alternative to Growth Capital
Priority Funding in Stressed Situations

Transaction Structure

Tenure
3-5 Years
(Significant return of principal and interest could be back ended)
Investment Range
INR 50-200cr. / (US$8-30mn.) per transaction
(Opportunistically go above or below this range)
Sector Diversification
Seek to build a diversified portfolio

Our Investment Strategy

  • Several credit investment opportunities, potentially yielding 14-18% 1 IRRs are emerging in the market, which are only partially addressed currently by NBFCs and Investment funds.
  • Potential returns are incrementally higher than the proportionate increase in risk of such structured lending. Risks can be further reduced by appropriately implementing special covenants, escrowing of specific cash flows and requiring special collaterals.
1 Pre-tax cost of funding for the borrower, based on market estimates of the investment manager, Please see Important Information section of this presentation for additional disclosures.
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Timeline

  • August 2017

    UTI Structured Debt Opportunities Fund registered with SEBI

  • October 2017

    First Close – Commitment Raised worth INR 552 Cr

  • March 2018

    First Investment of INR 190 Cr in a diversified business group

Details about our Investment

UTI Structured Debt Opportunities Fund 1 sanctioned 190 Cr to a diversified business group with interests in Shipping, Dredging, Oil & Gas and Coal. The group required capital to service its existing working capital requirements as well as to achieve the business growth it has envisaged in the next 3-5 years.

UTI SDOF has already disbursed 100 Cr to the group as of 31st March 2018

Deals in the Pipeline

The fund has a strong pipeline of deals and has already signed a couple of term sheets as of 30th April 2018.

Imtaiyazur Rahman
CHIEF EXECUTIVE OFFICER AND CHIEF FINANCE OFFICER

Mr. Imtaiyazur Rahman is the Acting Chief Executive Officer and Chief Finance Officer of UTI AMC Ltd.  

He has been with the UTI Group since 1998 and with UTI AMC since 2003.In his role as Group President & Chief Finance Officer, he heads the functions of Finance, Accounts, Taxation, Information Technology and Board related matters of Trustee Company. He also oversees the Global operations, PMS and Private Equity functions.  

Prior to UTI, he has worked with Bells Controls Ltd., Leasing Finance India Ltd. and Sumeet Machines Ltd.

He has nearly three decades of experience in management, business leadership, leading change and forming strategic alliances.He was Acting CEO of the company during January, 2012 to August, 2013.

Mr. Rahman is on the Board of UTI International (Singapore), UTI Capital Ltd., IOT Infrastructure & Energy Services Ltd., UTI Pharma Fund, UTI India Fund ,UTI Rainbow Fund and UTI Retirement Solutions Limited.

In the past, he was a Director on the Board of Association of Mutual Funds in India (AMFI) and the Convenor of the AMFI Committee on Foreign Investment. He was also on the Investment Committee & Capital Market Committee of IMC, and National Committee on Finance of Confederation of Indian Industry(CII).

Mr. Rahman is a Science graduate, FCWA, FCS, CPA (USA) and GAMP (ISB-Kellog).

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Shaurya Arora
PARTNER. MBA WITH 12+ YEARS OF EXPERIENCE

Mr. Shaurya Arora is an MBA from IIM Bangalore (2005), an engineer from IIIT, Hyderabad and an alumnus of The Doon School. He has worked across organizations such as Religare Capital Markets, WL Ross, Lehman Brothers and Merrill Lynch. He has extensive experience across private equity and investment banking. He was responsible for structured finance advisory business in his last role as Director in Religare Capital Markets.

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Pravesh Jain
ASSOCIATE, M.TECH WITH 4 YEARS OF EXPERIENCE

Mr. Pravesh Jain has ~4 years of experience in structured finance having worked at Karvy Capital and Samena Capital. He holds a B.Tech and M.Tech Dual degree from IIT Bombay.

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Rohit Gulati
MANAGING PARTNER. CA WITH 19+ YEARS EXPERIENCE

Mr. Rohit Gulati is qualified CA (1997 batch). He has worked with Religare Capital Markets, ICICI Securities, ICICI Bank, PwC and Ballarpur Industries in his career spanning over 19 years. He was heading Religare’s Investment Banking business in his last role. He has extensive experience across investment banking, corporate finance and stressed assets management and enjoys strong relationships with decision makers across corporate houses and PE firms.

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Sumit Khandelwal
PRINCIPAL. MBA WITH 9+ YEARS OF EXPERIENCE

Mr. Sumit Khandelwal is an MBA from SIBM, Pune and B.E. from Punjab Engineering College, Chandigarh. He has worked with JP Morgan for ~2 years and as Vice President in Religare Capital Markets for ~7 years in investment banking. He holds significant experience in corporate finance and enjoys diverse relationships across mid-market growth companies in India.

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Abhi Jain
ASSOCIATE, MBA WITH 3 YEARS OF EXPERIENCE

Mr. Abhi Jain is an MBA from FMD Delhi. He has ~3 years of experience in strategy consulting having worked with Accenture Strategy. He has worked on strategic consulting assignments across sectors like Resources, Automobiles and BFSI

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