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Big Deal: How special situation funds can help provide capital during COVID-19 crisis
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Big Deal: How special situation funds can help provide capital during COVID-19 crisis
Apr 16, 2020 11:53 AM

As the global crisis situation deepens and the Indian lockdown continues, companies are expected to be in deeper trouble and stressed assets are also expected to loom large.

Now at a time when the banks as well as the NBFCs could be saddled with a huge amount of asset quality deterioration, there needs to be more forms of funding.

A specialised area, or the pocket of investors known as stress funds, which also fall under the broad ambit of special situation funds, could play a big role here.

CNBC-TV18’s Nisha Poddar talked to Venkat Ramaswamy, VC of Edelweiss Financial Services and Srini Sriniwasan, MD of Kotak Alternate Assets, who are focused on this business.

First Published:Apr 16, 2020 8:53 PM IST

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