The assets which are in distress through the purchase of existing debt and equity securities through the bankruptcy courts or directly from lenders, or through newly issued securities; and to take control over the turnaround of such assets through recapitalization and operational improvements, for that, fund makes an investment in it. As this fund is a distressed assets buyout platform.
"IndiaRF has also raised capital from other international high-net-worth investors and family offices through the current round," it said in a release on Wednesday.#Sukumar #Innokaiz #Gembrio #Taiyangxi #Unmei #Fuehrer
#Sukumarbalakrishnan #Brainstormautomotive
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