Alvarez & Marsal (A&M) India has appointed Arpito Mukerji to boost its private credit expertise.
He has been named as managing director within the consultancy firm’s financial advisory and special situations practice.
He joins from Apollo Global Management’s Asia real estate group, where he was managing director and part of the founding investment team, and led marquee real estate transactions across India.
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Mukerji will be responsible for scaling Alvarez & Marsal’s debt financing vertical in India, bringing his more than 30 years of experience across private credit, banking and real estate, particularly in value-driven and distressed investing.
He has a track record that includes originating, managing, and exiting high-impact investments across asset classes and geographies.
Alvarez & Marsal’s structured finance and private credit advisory offering specialises in bridging capital dislocations in sectors such as real estate, infrastructure, metals and mining, renewables and special situations.
In India, between $7bn (£5.2bn) and $8bn of private credit has been deployed annually over the past two years across more than 200 deals, according to Alvarez & Marsal.
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“India is entering a pivotal phase where access to tailored capital solutions is becoming a strategic imperative for businesses,” said Himanshu Bajaj, managing director and head, A&M India and GCC. “The surge in private credit activity, combined with evolving real estate capital requirements, is creating a fertile environment for innovative financing structures.”
He added: “Arpito’s deep sectoral expertise and ability to navigate both investor and borrower ecosystems will help deliver solutions that accelerate our clients’ growth.”
Mukerji is also a founding partner of Rezone Investment Advisors, and has held senior leadership positions at Bank of America Merrill Lynch, UBS, GE Capital, and ABN AMRO Bank.
“The Indian private credit landscape is maturing rapidly, marked by growing investor appetite for yield, and a shift towards bespoke, risk-calibrated structures,” said Mukerji.
“At the same time, real estate markets are evolving beyond traditional models, driven by institutional capital and regulatory evolution.”
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