Cerberus Capital Management, a global alternative investment firm with $70 billion in assets, has appointed firm veteran Rahul Sangwan as Head of India, formalizing his leadership role over the firm’s growing Indian franchise.
A core member of Cerberus’ International Credit business for 15 years, Sangwan has led transactions across multiple geographies with a recent focus on India. He has played a key role in building and overseeing Cerberus’ India platform since the establishment of its Mumbai office in 2019, helping expand the firm’s presence and establish it as a leading credit investor in the region. In his new role, Sangwan will be based in Mumbai and will lead continued growth of the firm’s Indian franchise, partnering with Cerberus’ Head of International Credit and Distressed Debt, Allen Ukritnukun.
Alongside its investment platform, Cerberus maintains a large and growing operational footprint in Mumbai, with over 65 professionals supporting its global infrastructure and investment programs. Sangwan will also assume executive responsibilities for Cerberus’ operations in India as part of his expanded mandate.
Founded in 1992, Cerberus invests across the capital structure through complementary credit, real estate, and private equity strategies, with more than 2,500 employees in 27 offices across four continents. India represents an increasingly important market for the firm as companies across the region look to alternative capital solutions to support their growth needs.
KEY QUOTES:
“India is an increasingly important market for us, where we have built a strong local team and platform. We continue to see robust demand in the region as companies look to alternative capital solutions to support their growth needs.”
Allen Ukritnukun, Head of International Credit and Distressed Debt, Cerberus Capital Management
“We have an excellent team in Mumbai and have deployed significant capital over the past several years in a structurally growing credit market. I look forward to working even more closely with my colleagues to build on that momentum.”
Rahul Sangwan, Head of India, Cerberus Capital Management
