Broad Peak partners Brescon for $300m special situation investments in India

Photo by Josh Appel on Unsplash

Broad Peak Investment Advisors Pte. Ltd has entered into a strategic arrangement with stressed assets advisory firm Brescon & Allied Partners LLP, to invest up to $300 million in special situations in India, the investment firm said in a statement.

Through this collaboration with Brescon, Broad Peak aims to invest across multiple special situations in India ranging from turnaround, debt resolution to litigation financing, among others. The objective of the strategic arrangement is to improve the scale of the business between them as well as boost the agility with which these situations are identified, resolved, structured and funded, as per the statement.

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