Cat II · Managed by JM Financial Alternative Credit
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Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
JM Financial Yield Enhancer Distressed Opportunity Fund I is a SEBI-registered Category II Alternative Investment Fund (reg. IN/AIF2/19-20/0719), registered in July 2019 and managed by JM Financial Asset Management Limited (CIN: U65991MH1994PLC078879) — the AMC arm of the JM Financial Group. This fund is a distressed credit and special situations vehicle, designed to invest in stressed and distressed debt opportunities in India. It is the earliest of JM Financial AMC's credit-focused AIFs and preceded the performing credit franchise. The fund leverages the Group's expertise across distressed credit — a capability built alongside the Group's asset reconstruction business, JM Financial Asset Reconstruction Company Limited (JMFARC), which is one of India's largest ARCs. The fund's universe encompasses distressed corporate credit, special situation transactions, and non-performing loan (NPL) investments, targeting yield enhancement over standard fixed income while taking on specific credit event risk. The fund is headquartered at 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400025.
Srinivasan V
Managing Director & CEO – Asset Reconstruction, JM Financial
Srinivasan V is the CEO of JM Financial Asset Reconstruction Company Limited (JMFARC), one of India's largest ARCs, and brings over 25 years of experience in stressed assets, credit resolution, and distressed investing. His expertise in the Indian distressed credit landscape directly informs the Group's distressed opportunity AIF framework. Prior experience includes Standard Chartered Bank, Citibank, JP Morgan, Dun & Bradstreet, India Infoline, and BNP Paribas. He holds an MBA from JBIMS Mumbai and a B.Com from R.A. Podar College.
Amit Kumar Jhalaria
Managing Director & Group Chief Risk Officer – Private Markets and Alternatives
Amit Kumar Jhalaria is the Managing Director and Group Chief Risk Officer for Private Markets and Alternatives at JM Financial. He joined the Group in 2018 and has over two decades of experience in corporate banking and risk management. His risk oversight function is integral to the maker-checker process that governs credit investment decisions for JM Financial AMC's credit funds. He is a qualified Chartered Accountant and holds an MBA from IIM Ahmedabad. Prior experience spans Standard Chartered Bank, Bank of America, Yes Bank, and SRF Limited.
Mrituanjay Singh
SEBI Contact Person – AIF
Mrituanjay Singh is the SEBI-designated contact person for JM Financial Yield Enhancer Distressed Opportunity Fund I at JM Financial Asset Management Limited, Mumbai.
Amitabh Mohanty
Chief Executive Officer
Amitabh Mohanty is the Managing Director and CEO of JM Financial Asset Management Limited and the primary architect of the firm's AIF expansion. He announced the Pre-IPO Trust in early 2026 as part of the AMC's comprehensive AIF ecosystem vision: 'Alternatives will remain a key priority for the group. We are investing heavily in building specialist teams, robust risk management processes, due diligence and investor experience across platforms.' He brings over two decades of asset management experience, with prior roles at Karvy Capital Limited and SBI Funds Management.
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Jaisinh Suchak
Managing Director – Alternative Investment Funds
Jaisinh Suchak is the Managing Director leading the Alternative Investment Funds business at JM Financial Asset Management Limited, with oversight of all credit, real estate, and pre-IPO AIFs including the Yield Enhancer Distressed Opportunity Fund I.
Satish Ramanathan
Chief Investment Officer (CIO) Equity
Mayukh Datta
Chief Business Officer
Diana D'sa
Head Legal, Compliance & Secretarial
Pradyumna Kumar Khare
Head of Operations
Shabina Ahmed
Head Products & Co-Head Key Accounts
Sandeep Bhosle
Chief Digital Officer – Business Development
Pranav Vajir
Chief Risk Officer
Ranjan Patro
Director IT & CISO
Paramsrikant Katariya
Head Of Digital Transformation and Data
Rama Subramanian
Senior Vice President - Investor Services & Branch Operations
Akansha Singh
Senior Vice President – Products
Poulomi Dutta
Head - Strategic Alliances (Sales & Business Development)
Mugdha Ghag
Head – Marketing & Branding
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