Special Situations Fund
A Category 1 SSF Duly Registered with SEBI
Fund Details
Name : Tavasya SSF
Registration No. : IN/AIF1/23-24/1361
Fund Manager : Tavaysa Capital Managers LLP
E-mail : shivani@tavasyacapital.in
Address : B 38, Ground Floor, Gulmohar Park, NEW DELHI, NATIONAL CAPITAL TERRITORY OF DELHI, 110049
Contact Person : Shivani Singla
Correspondence Address : B 38, Ground Floor, Gulmohar Park, NEW DELHI, NATIONAL CAPITAL TERRITORY OF DELHI, 110049
About the Fund
We are raising our Fund to capitalize on temporary mispricing of individual companies due to atypical negative events like conflict, financial distress, disputes, price corrections, and disruptions. As a value-focused fund, our primary aim is to invest in the buyout of distressed debt, equity, equity-linked, and convertible securities of companies, holding companies, and special purpose vehicles.
Our approach involves investing in distressed companies through debt buyouts, debt replacements, equity investments, and equity-linked and convertible instruments, in line with SEBI AIF Regulations.
With our deep understanding of the distressed asset space in India, proprietary access to unique opportunities, and extensive global fund management experience, we are uniquely positioned to identify and invest in opportunities at the right value. Our entry pricing strategy allows us to invest at levels significantly lower than intrinsic values, enabling us to unlock value and deliver superior returns.
To achieve our investment objectives, we will invest in portfolio entities that align with our focus on distressed companies. Our primary investment avenues include buyouts of distressed companies, distressed debt, security receipts, equity, equity-linked, and convertible securities of companies, holding companies, and special purpose vehicles. We do not engage in lending activities or extend guarantees on behalf of investee companies.
Leveraging our relationships and expertise, we identify deep distress opportunities and structure transactions to enter at valuations close to the value of underlying assets, ensuring a clean slate and minimizing business risks. Our deep understanding of the Insolvency and Bankruptcy Code 2016 (IBC) enables us to maximize restructuring flexibilities, creating optimal exit opportunities. Our prior experience in evaluation, monitoring, and structuring exits will guide us in designing effective exit mechanisms.