ASOF - I
Asia Special Opportunity Fund (ASOF)
Asia Special Opportunity Fund (ASOF) was started in 2015 as a credit fund based out of Singapore, regulated by the Monetary Authority of Singapore (MAS). ASOF is a close ended fund which currently invests in opportunities emanating out of North and South Asia. ASOF is managed by Alpha Alternative Advisors Pte. Ltd., a Singapore based Registered Fund Management Company (RFMC) regulated by the MAS.
India Special Opportunity Fund (ISOF)
India Special Opportunity Fund (ISOF) was launched in 2018 as an India-focused sector agnostic senior secured credit fund investing in Special Situations and Stressed Assets. ISOF is a Category II Alternative Investment Fund (AIF) regulated by Securities and Exchange Board of India (SEBI). ISOF is targeting a corpus of INR 20 billion and is managed by Alpha Alternative Asset Advisors (AAA), an India based Investment Manager Company.
The Fund seeks to uniquely capitalize on the special situations and stressed assets opportunities in India to generate high risk adjusted return while ensuring capital protection. The Fund will employ various instruments such as debentures, mezzanine debt, preferential debt, convertibles, warrants, equity, etc. of listed and unlisted Indian entities.
Alpha Special Opportunity Fund II (ASOF II)
Alpha Special Opportunity Fund II (ASOF II), an India-focused sector-agnostic fund regulated by Financial Services Commission (FSC), Mauritius, has been set-up for potential foreign investors to participate in ISOF. ASOF II is targeting a corpus of US$ 200 million and is managed by Alpha Alternative Investment (AAI), a Mauritius based Investment Manager Company regulated by the FSC.
ASOF II seeks to invest in special situations and stressed asset opportunities in India. The Fund may invest a sizeable portion of its assets in ISOF.