Cat II · Managed by Edelweiss Alternatives
Trusted Alternatives. Enduring Returns.
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
EC Special Situations Fund is a SEBI-registered Category II Alternative Investment Fund (reg. IN/AIF2/17-18/0509), registered in January 2018 and managed by EAAA India Alternatives Limited (CIN: U67190MH2008PLC182205, formerly Edelweiss Alternative Asset Advisors Limited). 'EC' stands for 'Edelweiss Credit' — this is one of EAAA's early credit-focused AIF vehicles in the ISAF/special situations series, predating the later India Special Assets Fund (ISAF) series. The fund is part of EAAA's private credit platform, which manages ₹41,835 crore in AUM as of 2025. The 'Special Situations' strategy targets stressed, distressed, and structured credit opportunities across Indian corporates — including non-performing loan acquisitions, NCLT/IBC resolution financing, stressed asset restructuring, and governance-led turnarounds. Niranjan Risbood, the SEBI contact person, is Head of Product Strategy, Marketing & Sustainability at EAAA India Alternatives (confirmed via LinkedIn), and is currently Executive Vice President at EAAA Alternatives.
Amit Agarwal
Chief Executive Officer
Amit Agarwal is the Chief Executive Officer of our Company. He has been associated with our Company since April 1, 2017. He is responsible for managing the entire lifecycle of investment and creating exit strategies in several assets under Private Credit business vertical and has also been instrumental in fund raising efforts for funds in our Company. He has completed his bachelor’s degree in commerce from the University of Lucknow. He is also an associate of the Institute of Chartered Accountants of India. Prior to joining our Company, he was associated with Pricewaterhouse Coopers Private Limited and Asset Reconstruction Company (India) Limited and certain of our Promoter Group entities.
Subahoo Chordia
Chief Executive Officer (Real Assets)
Subahoo Chordia is the Chief Executive Officer of our Company. He has been associated with the Company since June 1, 2017. He is responsible for product innovation, fundraising including deepening relationships with both domestic and global institutional investors and overall growth & management of real assets business vertical of our Company. He is an associate of the Institute of Chartered Accountants of India. Prior to joining our Company, he was associated with IDBI Bank Limited, and Axis Bank Limited (erstwhile UTI Bank Limited) and Edelweiss Financial Services Limited, one of the Promoters of our Company.
Niranjan Risbood
Executive VP & Head – Product Strategy, Marketing & Sustainability
Niranjan Risbood is the SEBI-designated contact person for EC Special Situations Fund and Executive Vice President at EAAA India Alternatives (formerly Edelweiss Alternative Asset Advisors). He is Head of Product Strategy, Marketing & Sustainability. His prior career includes Director of Fund Research at Morningstar India (2014–2017), where he led qualitative and quantitative fund research, and seven years at Citigroup (Citi Wealth Advisors and Citi Private Bank). He holds a CFA charter, a B.E. from VESIT Mumbai, and an MMS from Narsee Monjee.
Deepak Mukhija
Head – Compliance & Secretarial
Deepak Mukhija is the SEBI-designated contact person for the Commercial Rental Yield Trust and Head of Compliance & Secretarial at EAAA India Alternatives. He has over 18 years of experience in corporate secretarial and business compliances, with 14 years specifically in alternative investments. He joined Edelweiss in September 2018. Previously he was Company Secretary & Compliance Officer at Nippon Life India AMC, and spent 9 years at Kotak Private Equity. He holds a Company Secretary qualification and LLB from Mumbai University.
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