InCred Asset Management

Vivek Singla has joined us as a Managing Partner & CIO, Private Equity at InCred Alternative Investments. Vivek brings over 18 years of investment experience across private and public equity markets. Before joining InCred Alternative Investments, he was earlier associated with Avendus as a Principal for Avendus Private Equity and was instrumental in building the Future Leaders Fund from an idea into a well known name in the Indian private equity ecosystem. The Fund had raised a cumulative committed capital in excess of INR 18.5 bn with 15 investments (1 under closing) across consumer, financial services, digital & technology, IT services and enterprise services and had grown into an 8 member strong investment team. Prior to Avendus, Vivek was part of CLSA Private Equity (committed capital of US$ 400 mn), where he was involved in the firm's investment activities in India as well as spearheading its business presence across 5 countries of South East Asia including Indonesia, Vietnam, Malaysia, Thailand and Singapore. Overall, during his long private equity stint, Vivek has maintained a stellar track record while consummating 20 investments, delivering 7 full exits, each with minimum MOIC of 2x and minimum IRR of 15%. His pro capital preservation style of deal making has held him in good stead with zero write offs/write downs till date. Before CLSA, he was part of public markets focused investment teams at Kotak Asset Management and Standard Chartered Asset Management with combined equity AUMs of INR 60 bn +. Vivek holds an MBA from IIM Lucknow and a B Tech in Chemical Engineering from IIT Delhi, where he was awarded the GATE scholarship. He is also CFA (US) Charterholder.

Aditya Sood (adityasood81@gmail.com) was the SEBI contact person at the time of the March 2019 AIF registration, listed at his residential address in Ashok Towers, Parel East. He was the original fund manager of India Value and Growth Trust before InCred Group acquired/absorbed the platform.

Ankur has 15+ years of alternative investing experience in India. 6 years of which in private equity investing and balance in operational consulting and private credit. Formerly with KKR, Edelweiss, Alvarez & Marsal, WL Ross & Co and D.B. Zwirn & Co. Experience straddles vertically across public and private markets and horizontally across a) Investing – through the capital structure and situations, b) Portfolio Management – value creation, crisis management, troubled portfolio resolution and c) Exits – cash flow linked, capital markets, enforcement and settlements. Among the only investing professionals in India who has worked across market cycles and experienced investing, exits and workouts – a must have for successful private credit investing. Experience includes Investing (c. Rs4,400cr) and generated an IRR of c.18%. Ankur holds CFA and MS (Finance) from ICFAI University.

Samir Vora brings over 25 years of experience across asset management, wealth management, and investment advisory. He was earlier Group CEO at Enam Asset Management, where he led the firm's growth and transformation, strengthening investment capabilities, expanding the client franchise, and building a high-performance, process-driven organisation. He has also been a Partner at Pi Square Investments and held leadership roles at Bank of America, advising HNI clients. He focuses on building a scalable, institutionally strong investment platform, sharpening investment processes, and driving long-term business strategy in close collaboration with investment and leadership teams. He will also work towards strengthening a research-driven culture and enhancing cross-functional collaboration across the organisation. Samir holds an MBA in Finance from Montclair State University, USA.