OUR FIRM

About MIDAS Alternative Investment Manager

A SEBI-registered Category-II AIF manager focused on distressed assets, structured capital, and special situation investments across India.

Company Overview

Identifying high-potential opportunities overlooked by traditional capital.

MIDAS Alternative Investment Manager Private Limited is an asset management company managing SEBI-registered Category-II Alternative Investment Funds. We identify high-potential distressed and structured opportunities overlooked by traditional capital.

Our investment thesis is built on the conviction that distressed situations in capital-intensive industries represent the most attractive risk-adjusted opportunities in the Indian market — approached with the right expertise, relationships, and governance framework.

Founded by professionals with decades of combined experience in banking, legal restructuring, and operational turnarounds, MIDAS brings a unique multi-disciplinary lens to every investment decision.

FIRM AT A GLANCE
Registration
SEBI Category-II AIF
Cumulative Funds
₹1,000+ Cr
Current AUM
₹200 Cr
Domicile
New Delhi, India
Strategy
Distressed & Special Situations
Return Objective
Absolute — Risk-adjusted

Managed by an experienced team with deep expertise in banking relationships, legal restructuring, and operational turnaround across India’s stressed asset ecosystem.

 

SEBI Category-II AIF Positioning

Understanding our regulatory framework and its implications for investors

Regulatory Framework

Category-II AIFs are regulated under SEBI (Alternative Investment Funds) Regulations, 2012. These funds are prohibited from undertaking leverage except for day-to-day operational requirements, ensuring a disciplined, equity-forward approach to capital deployment.

Investment Universe

Category-II AIFs invest in unlisted securities, distressed assets, real assets, mezzanine structures, and special situation instruments — a universe not accessible through public markets or traditional mutual funds.

Investor Eligibility

Minimum commitment of ₹1 crore per investor. Eligible investors include resident and non-resident individuals, family offices, HUFs, companies, LLPs, trusts, pension funds, and sovereign wealth funds meeting SEBI’s accredited investor criteria.

SEBI REGULATED

Cat-II AIF

Under SEBI AIF Regulations, 2012

MIN. INVESTMENT

₹1 Crore

Per investor commitment

REPORTING

Quarterly

Mandatory investor disclosures

Vision & Philosophy

“Every distressed situation contains within it the seed of extraordinary value — the discipline lies in finding that seed before the market does.”

Disciplined Risk

Every position is underwritten with conservative assumptions, hard-asset backing, and defined downside limits before capital is committed.

Structured Capital

We deploy capital through instruments designed for control, priority, and clear exit pathways — not passive minority exposure.

Strategic Execution

Operational turnaround is not incidental — it is the core mechanism through which value is created and realised.

Governance Framework

Institutional-grade processes that protect investor capital and ensure accountability.

Independent Investment Committee

Fully independent committee with veto rights over all investment decisions, operating separately from the management team.

Institutional Processes

Standardised due diligence, documentation, and approval workflows aligned with institutional best practices.

Transparent Reporting

Quarterly investor reports, independent audits, and real-time portfolio NAV updates for all stakeholders.

Regulatory Compliance

Full SEBI compliance with mandatory filings, investor disclosures, and third-party custodian oversight.

Risk Management Framework

A five-point structured model for capital preservation and downside protection

  • Asset-backed Investments

    Investments secured by hard, tangible assets with enforceable legal rights and verified valuations.

  • Downside Protection

    Conservative LTV ratios and multi-layer collateral structures with priority waterfall provisions.

  • Conservative Underwriting

    Rigorous financial analysis and stress-tested valuations at significant discount to market value.

  • Diversified Exposure

    Portfolio spread across sectors and instruments to limit single-point concentration risk.

  • Active Monitoring

    Continuous oversight with board-level representation, weekly reporting, and covenant surveillance.

Midas Alternative Investment Manager Private Limited

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