Nilesh will continue to be the Fund Manager for Avendus Structured Credit Fund. He will lead the team that will be responsible for origination, structuring and syndication of transactions; and will be deeply involved in managing the credit portfolio.
Avendus Finance Private Limited, the credit solutions arm of Avendus Capital, is pleased to announce the elevation of Nilesh Dhedhi as the Head of Structured Credit business. Nilesh has over 16 years of experience in financial services, especially in lending and advisory. He will work closely with Kaushal Aggarwal, Co-founder, Avendus Group and CEO, Avendus Finance, to build the best-in-class flexible debt capital business in India.
Nilesh will continue to be the Fund Manager for Avendus Structured Credit Fund. He will lead the team that will be responsible for origination, structuring and syndication of transactions; and will be deeply involved in managing the credit portfolio.
On the announcement, Nilesh Dhedhi said, “Having been a part of this business since the beginning, I am excited to be given the opportunity to lead from the front. We have built a robust credit business with a proven track record and a strong foundation. With the evolving entrepreneurial ecosystem and the growing institutionalization of credit market, high quality companies are looking for flexible debt solutions to meet specific requirements. I strongly believe that this is going to drive the demand for structured credit financing in India and provide multi-dimensional growth for our franchise.”
Said Kaushal Aggarwal, “Nilesh has been an integral part of Avendus Group for over 10 years. We are excited to announce this significant addition to the leadership team at Avendus Finance. The move underscores our commitment to excellence and to providing growth opportunities to our talent.”
Source: Business World
