Shyam Maheshwari serves as the Founder and Partner of SSG Capital Management (Singapore) Pt. Limited, and is primarily responsible for SSG’s investment activities in India. He has 17 years of experience in the deal sourcing, analysis and investing industry. Shyam Maheshwari studied at St. Xavier's College, Mumbai for his graduation and Indian Institute of Management Bangalore for his post graduate MBA.
LARGEST CREDIT FUND - SSG CAPITAL MANAGEMENT
Shyam Maheshwari led SSG Capital to become one of the largest credit fund institutions in Asia over the next 12 years. This ultimately led to a strategic partnership and integration with Area Management. The integration and transition of the firm has been done successfully. Shyam Maheshwari SSG Capital has a very strong Indian franchise. It had over 70 people in India supported by another 10 in Singapore. They were the largest foreign fund focused firm in India with local teams and licenses very much similar to homegrown funds such as Edelweiss and Kotak. This was his second buildout after he did the same at Lehman Brothers in India.
During COVID, Shyam Maheshwari SSG got the time to observe the disruption, technology is doing to all the businesses. This led him to think about the next 15 years and appreciate how valuable is the time that he has now. After over 12 years as a founder of SSG, Shyam Maheshwari in July 2021 decided to leave Ares SSG to dedicate more time to his family, especially his children, and pursue his interests in philanthropy and other personal interests.
“Over the years, Mr.Shyam Maheshwari has made significant contributions to our company, particularly in the India market, where he has helped us build a strong business, and importantly a deep team of senior investment professionals who are well positioned to carry on our successful Indian business”, a spokesperson for ARES SSG said. Queries regarding the company’s long-term vision and future capital commitment to the India market also remained unanswered. Our sources indicate that the plan of succession has been in works for some time. Some of the portfolio companies of Ares SSG were informed about this in the past few months. With a pan-Asian presence, Ares SSG is one of the largest alternative asset managers in the Asia-Pacific with about $7 billion in assets under management, more than 80 employees and over 120 direct institutional investors as of 31 December. It also has exposure to real estate through Shapoorji Pallonji Finance Pvt. Ltd, in which it picked up a 46.87% stake in 2018. Ares SSG’s most recent acquisition in India was Altico Capital.
Currently, Shyam Maheshwari focuses on philanthropy, more by adding two more organizations that he can support and give time. He is setting up his family investment office in Singapore under the regulations implemented by the country. He is spending time with the exciting start-up technology scene in Singapore which is challenging him to revise himself.
Its a great man🥳