Private alternative asset management with over a decade of experience
ISAF III (IN/AIF2/21-22/0978) is a SEBI-registered Category II AIF — the third vintage of Edelweiss's India Special Assets Fund series — managed by EAAA India Alternatives Limited (formerly Edelweiss Alternative Asset Advisors Limited; CIN U67190MH2008PLC182205; registered office: Edelweiss House, Off C.S.T. Road, Kalina, Mumbai 400098. ) Full scheme name: India Special Assets Fund III. Fund Managers: Navin Sambtani, Amit Agarwal, Kriti Ghosh. ISAF III is part of EAAA's Special Situations investment platform. India Special Assets Fund III (ISAF III) is managed by Edelweiss Alternative Asset Advisors Pte. Limited (offshore entity). The fund acquired a 7.44% stake in Indo Borax & Chemicals Limited via Zenrock Chemicals Private Limited and related entities in a December 2025 transaction for INR 4.2 billion. The SEBI domestic AIF is the India-onshore companion. ISAF III has an 'ISAF III Onshore Fund' sibling (LEI: 254900PCY72HKAKOJU94). EAAA's IPO was filed in January 2026.
Ashish Jain
Fund managerFund Manager, Infrastructure Yield Trust
Ashish Jain is a Fund Manager at EAAA India Alternatives for the Infrastructure Yield Trust (all three schemes: Infrastructure Yield Plus II, IIA, and India Infrastructure Yield Plus II).
Navin Sambtani
Fund managerFund Manager, ISAF III
Navin Sambtani is a Fund Manager for India Special Assets Fund III (ISAF III) at EAAA India Alternatives.
Amit Agarwal
Fund managerFund Manager, ISAF III
Amit Agarwal is a Fund Manager for India Special Assets Fund III at EAAA India Alternatives, also involved in multiple other EAAA special situations funds.
Subahoo Chordia
Fund managerFund Manager, Infrastructure Yield Trust
Subahoo Chordia is a Fund Manager at EAAA India Alternatives, co-managing the Infrastructure Yield Trust alongside Ashish Jain and Sreekumar Chatra.
Kriti Ghosh
Fund managerFund Manager, ISAF III
Kriti Ghosh is a Fund Manager for India Special Assets Fund III at EAAA India Alternatives.
Sreekumar Chatra
Fund managerFund Manager, Infrastructure Yield Trust
Sreekumar Chatra is a Fund Manager at EAAA India Alternatives, co-managing the Infrastructure Yield Trust alongside Ashish Jain and Subahoo Chordia.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
Roshan Khamkar
Fund managerFund Manager
Roshan Ashok Khamkar is an Fund Manager at Edelweiss AMC with over 6 ½ years of experience in the Asset Management Company (AMC) sector. He has been a key player in various operations including PMS onboarding, settlements, and fund accounting. Along with his core responsibilities, Roshan has also extended his expertise by assisting the investment team with research-related activities, providing valuable insights and support for strategic decisions. Before joining Edelweiss AMC, Roshan accumulated 4 ½ years of experience working with a prominent audit firm. There, he managed audits for a wide range of companies, collaborated with key stakeholders, and contributed to the preparation of audit reports. His earlier experience laid a strong foundation in understanding financial processes and client interactions.
Rashesh Chandrakant Shah
Executive Chairman and Whole-Time Director
Rashesh Chandrakant Shah is the Executive Chairman and Whole- Time Director of our Company. He has been associated with our Company since August 28, 2024. He holds a post graduate diploma in management from the Indian Institute of Management, Ahmedabad. He is one of the founders of EFSL, one of the Promoters of our Company, and has been associated with EFSL since 1995.
Deepak Mukhija
Head of Compliance – Domestic, EAAA India Alternatives; SEBI Contact Person
Deepak Mukhija has 18+ years in corporate secretarial and business compliance, of which 14 years are in alternative investments. He joined Edelweiss in September 2018 as Head of Compliance for Edelweiss Alternative Assets. Previously Company Secretary and Compliance Officer at Nippon Life India Asset Management Ltd; Kotak Private Equity (9 years); Reliance Industries; PWC India. Qualified Company Secretary; LLB from Mumbai University. He also serves as Company Secretary and Compliance Officer of EAAA India Alternatives Limited.
Harish Agarwal
President and Chief Operating Officer
Harish Agarwal is the President and Chief Operating Officer of our Company. He has been associated with our Company since April 1, 2022. He is responsible for overseeing process optimization, strategic planning, and ensuring team collaboration in our Company. He holds a bachelor’s degree in commerce from the University of Calcutta and is an associate of the Institute of Chartered Accountants of India. He also holds a bachelor’s degree in law from University of Mumbai. He was previously associated with DBS Bank Limited, HSBC Limited, and ICICI Bank Limited and our Promoter Group entity.
Sanjeev Rastogi
Head of Real Estate Credit
Sanjeev Rastogi is the head of real estate credit of our Company. He has been associated with our Company since February 1, 2017. He is responsible for development of overall strategy for real estate credit, overseeing its portfolio, team development, and management of client relationships of our Company. He holds a bachelor’s degree of technology in civil engineering from Kakatiya University, Warangal, and a master’s degree in business administration from Joseph M Katz Graduate School of Business, University of Pittsburgh, Pennsylvania. He also holds a master’s degree in building engineering and management from the School of Planning and Architecture, New Delhi. He was previously associated with IL&FS Investment Managers Limited and certain of our Promoter group entities.
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