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Expert Asset Management with India's Premier Alternates Platform

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At Sundaram Alternate Assets, we aspire to be a financial services leader with innovative investments and cutting-edge strategies.

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Building Your Financial Legacy with Bespoke Investment Solutions

Sundaram Alternate Assets Limited (SA) is a wholly owned subsidiary of Sundaram Asset Management Company Limited (SAMC), caters to the investment needs of High Net-worth Individuals (HNIs), Ultra-High Net-worth Individuals (UHNIs), family offices & institutions. SAMC is a Sundaram Finance Limited (SF) Group company, a leading non-banking finance company in India.

We understand that your long-term wealth creation goals are unique, and we have the perfect solutions to meet your needs. Our offerings include Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs).

With in-depth experience in fund management, Sundaram Alternates' team excels in creating wealth for investors in the private credit and the equities spaces..

At Sundaram Alternates, our thought leadership and new-age industry practices help us give your wealth the edge it needs. Our strategies are designed to deliver optimized risk adjusted returns to help you achieve your financial objectives.

Invest with us and take the next step toward progress

Our Long Reputation for Excellence

Jun 2023

Jun 2023

Launched RE Credit Fund IV

Oct 2023

Oct 2023

Successfully raised INR 1,000+ Cr. in the Sundaram Emerging Corporate Credit Opportunities Fund (ECCO Sr. I)

Nov 2009

Nov 2009

Launched Sundaram Rising Stars PMS Strategy

Feb 2010

Feb 2010

Launched Sundaram India Secular Opportunities Portfolio PMS Strategy

Jun 2010

Jun 2010

Launched Sundaram Emerging Leadership Fund (S.E.L.F.) PMS Strategy

Oct 2011

Oct 2011

Launched Sundaram Voyager PMS Strategy

Jan 2018

Jan 2018

Sundaram Alternate Assets Ltd. was spun off as a separate entity from its parent company Sundaram Asset Management Company Ltd.

Sep 2018

Sep 2018

Launched Sundaram India Premier Fund Equity AIF

Feb 2020

Feb 2020

Launched Sundaram ACORN Equity AIF

Feb 2021

Feb 2021

Succesfully Raised INR 430+ Cr. in RE Credit Fund II (Returned 15% of capital investment)

Jan 2022

Jan 2022

Launched ATLAS I Equity AIF

Oct 2022

Oct 2022

Successfully raised INR 400+ Cr. in RE Credit Fund I

Oct 2022

Oct 2022

Successfully raised INR 550+ Cr. in RE Credit Fund III

Dec 2022

Dec 2022

Launched ATLAS II Equity AIF

Built on Expertise Recognized by the Industry

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Sundaram Emerging Leadership Fund (S.E.L.F.)

PMS Bazaar's PMS Ratings FY 21 - 22 Summit

For excellence in performance & delivering consistent returns

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Sundaram India Secular Opportunities Portfolio (SISOP)

PMS Bazaar's PMS Ratings FY 21 - 22 Summit

For excellence in performance & delivering consistent returns.

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Sundaram Voyager

PMS Bazaar's PMS Ratings FY 21 - 22 Summit

For excellence in performance & delivering consistent returns.

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Sundaram Rising Stars

PMS Bazaar's PMS Ratings FY 21 - 22 Summit

For excellence in performance & delivering consistent returns.

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Best AIF Category II - Private Credit

PMS AIF WORLD - Crystal Gazing Summit & Awards 2023

Awarded for excellence in performance and delivering consistent returns over a 3-year period.

Embracing the Digital Frontier

We empower your financial journey with smart technology. As a digital and customer-first company, Sundaram Alternate Assets prioritizes seamless online integration to make your investment journey as smooth as possible. We focus on providing swift, secure, and user-centric financial solutions to meet all your needs.

Our Board

Mr. Harsha Viji

Mr. Harsha Viji

Mr. Lakshminarayanan Duraiswamy

Mr. Lakshminarayanan Duraiswamy

Mr. Arvind Sethi

Mr. Arvind Sethi

Mr. Karthik B. Athreya

Mr. Karthik B. Athreya

Mr. Bama Balakrishnan

Mrs. Bama Balakrishnan

Our Leadership

Mr. Karthik B. Athreya

Mr. Karthik B. Athreya

Mr. Ajit Narasimhan

Mr. Ajit Narasimhan

Mr. K Rajagopal

Mr. K Rajagopal

Mr. Vinay Vinod Singhi

Mr. Vinay Vinod Singhi

Mr. Ashish Gulati

Mr. Ashish Gulati

Fund Management

Mr. Arjun Sankar

Mr. Arjun Sankar

Mr. Manoj Mahadevan

Mr. Manoj Mahadevan

Mr. Darshan Engineer

Mr. Darshan Engineer

Mr. Sandeep Tulsiyan

Mr. Sandeep Tulsiyan

Mr. Chandan Kumar

Mr. Chandan Kumar

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Mr. Harsha Viji Chairman

Mr. Harsha Viji presently serves as Executive Vice Chairman of Sundaram Finance Limited. He earlier served as Deputy Managing Director and Executive Director (Strategy & Planning) of Sundaram Finance and as the Managing Director of Sundaram Asset Management Company.

Mr. Harsha serves as a director on the boards of several companies. He has a total experience of over 21 years wherein he has worked with PricewaterhouseCoopers, McKinsey & Company and Sundaram Finance Limited in different capacities.

Mr. Harsha is a Commerce graduate, qualified Chartered Accountant and Master of Business Administration from the Ross School of Business, University of Michigan.

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Mr. Lakshminarayanan DuraiswamyDirector

Mr. Lakshminarayanan Duraiswamy is currently the full-time Managing Director of Sundaram Home Finance Ltd. He was the Chief Operating Officer of Sundaram AMC till March 2019. He was with Sundaram AMC since 2009, and has a total experience of over 25 years in the financial services sector. Prior to joining Sundaram AMC, he worked for Citibank and GE Capital in India and in Australia in various risk management roles.

Mr. Lakshminarayanan is a commerce graduate, qualified Cost Accountant and Master of Business Administration (Loyola Institute of Business Administration, Chennai).

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Mr. Karthik B. Athreya Mr. Karthik B. Athreya

Mr. Karthik Athreya Managing Director

Mr. Karthik Athreya Managing Director

Mr. Karthik Athreya is the Managing Director of Sundaram Alternates and a member of the firm's Private Credit Investment Committees. He is a financial services professional with over 26 years of experience across principal investing, funds management, investment banking, corporate finance, assurance, and transaction diligence services. Under his guidance, Sundaram Alternates' private credit franchise has grown to over $450 million of AUM since its inception ~7 years ago.

Prior to Sundaram Alternates, Karthik led the India business of Clearwater Capital Partners, a pan-Asian special situations fund, and oversaw close to $2 billion of investments across secured lending, offshore private credit, deep restructurings & turnarounds, private equity, and real estate credit. Karthik has been instrumental in the setup and build-out of several new businesses in his earlier roles at YES Bank, Arthur Andersen, and Rabobank's India operations.

Karthik is a Chartered Accountant and graduated from the prestigious Loyola College, Chennai. He is also a member of the Royal Institution of Chartered Surveyors (RICS).

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Mr. Ajit Narasimhan Mr. Ajit Narasimhan

Mr. Ajit Narasimhan Chief Operating Officer

Mr. Ajit Narasimhan Chief Operating Officer

Ajit brings over two decades of experience across Asset Management, Digital & FinTech businesses, and General Management. He is currently the Chief Operating Officer at Sundaram Alternate Assets Limited.

He spent more than 15 years with Sundaram Asset Management Company, serving as Chief Marketing Officer and leading marketing, product, and direct channel sales, while also overseeing the company's digital transformation agenda.

Most recently, Ajit served as Head of Strategy & Planning at Sundaram Finance Limited, where he was responsible for several strategic initiatives across the group, including the launch of its Wealth Management business.

Earlier in his career, he worked with Cognizant Technology Solutions and BankBazaar.com. At BankBazaar, he was the key architect behind the launch of one of India's first paperless mutual fund investment platforms, a pioneering step in the country's fintech space.

Ajit holds an MBA from the Great Lakes Institute of Management.

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Mr. K Rajagopal Mr. K Rajagopal

Mr. K Rajagopal Chief Compliance Officer

Mr. K Rajagopal Chief Compliance Officer

Mr Rajagopal has nearly 3 decades of experience in handling Secretarial, Compliance and Legal Affairs. He joined Sundaram Finance in September 1997, transferred to Sundaram Asset Management Company in April 2016 and then transferred to Sundaram Alternates in December 2018 where he currently serves as the Company Secretary & Compliance Officer.

He is a member of the Institute of Company Secretaries of India (ICSI) and a law graduate

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Mr. Vinay Vinod Singhi Mr. Vinay Vinod Singhi

Mr. Vinay Vinod Singhi Zonal head- South and East at Sundaram Alternates

Mr. Vinay Vinod Singhi Zonal head- South and East at Sundaram Alternates

Vinay Vinod Singhi serves as the South and East Zonal head and a seasoned professional with a rich background in the financial services sector, boasting over 15+ years of hands-on experience in Institutional sales of Debt and Equities. Presently, entrusted with the pivotal role of overseeing sales for AIFs & PMSs, both in direct and distribution capacities, at Sundaram Alternates, headquartered in Chennai. His Proficiency extends to portfolio management, adept business relationship cultivation, and comprehensive knowledge across banking, private credit and equities domains. A distinguished alumnus of The University of Salford, UK embodying a robust professional ethos. 

Vinay has been with Sundaram group for over 10 years and handles an AUM of over 2500 crores and is responsible for driving Product & Sales Excellence across South & East, orchestrating Strategic Expansion and Performance Optimization from Family office, UHNI and registered business partners.

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Mr. Ashish Gulati Mr. Ashish Gulati

Mr. Ashish Gulati Zonal Head - North at Sundaram Alternates

Mr. Ashish Gulati Zonal Head - North at Sundaram Alternates

Mr. Ashish Gulati is the Zonal Head - North at Sundaram Alternates with more than 13 years of Experience in Fund Raising.

He is responsible for raising funds in both Debt & Equity like Performing Credit, Real Estate Debt Fund, Listed Debt Securities & Listed Equities. 

Having worked with organisations like Aditya Birla Capital & Piramal Capital, he has keen interest across functions like Sales, Client Management, Distribution & Marketing.

He holds a master's degree with dual specialisation in Finance & Marketing. He has also successfully completed New Leaders Program by Harvard Business.

Ashish believes that as an Asset Management professional one needs to be well informed and focused. He is passionate about creating long term relationships that bring definite value to his clients. Ashish keenly follows geopolitics and its impact on the global financial markets.

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Mr. Arvind Sethi Director

Mr. Arvind Sethi has a total experience of over 34 years in the banking and financial services sector. He has served as Managing Partner of CAP-M Consulting India Private Limited, Managing Director of Tata Assets Management Limited and Managing Director of Bank of America (Global Markets). He has also held senior level positions at ANZ Grindlays Bank and HSBC. He serves as a director on the boards of several companies. He has been a member of RBI's Technical Advisory Committee on Foreign Exchange.

Mr. Arvind is a Master in Arts (Honours) in Philosophy, Politics and Economics (Oxford University).

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Mr. Vikaas M Sachdeva Managing Director

Mr. Vikaas M Sachdeva is an industry stalwart with over three decades of experience in the Asset Management business. He is currently the Managing Director of Sundaram Alternates, driving growth across different platforms, geographies and asset classes.

During the course of his career, he has held several influential and senior management positions across marquee financial service organizations. He has a broad range of interests across functions like global and domestic sales, investment management, digital and physical distribution, marketing, HR and customer service.

Starting his career in asset management as one of the founding members of Birla Sun Life International AMC Ltd., Vikaas has been instrumental in turning around companies like ING Investment management in India. He was the CEO of Edelweiss Asset Management Ltd., successfully turning around the business culminating in the acquisition of JP Morgan MF in India. He has also been the Global CEO of Enam Asset Management Ltd., where he oversaw both the global and domestic side of the business.

Among his industry affiliations, he has been an erstwhile member of the Mutual Fund Advisory Committee (MFAC), a high-powered committee appointed by SEBI to advise them on governing the MF industry. He was also on the board of the Association of Mutual Funds of India (AMFI), heading the ETF and indexing committee, which submitted the first white paper on ETFs to SEBI. More recently he was associated with the Asset Managers Roundtable of India (AMRI), the nodal body for FPIs in the country.

Vikaas is an active Fintech enthusiast and is currently on the Advisory Committee of India FinTech Forum.

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Mr. Karthik Athreya Managing Director

Mr. Karthik Athreya is the Managing Director of Sundaram Alternates and a member of the firm's Private Credit Investment Committees. He is a financial services professional with over 26 years of experience across principal investing, funds management, investment banking, corporate finance, assurance, and transaction diligence services. Under his guidance, Sundaram Alternates' private credit franchise has grown to over $450 million of AUM since its inception ~7 years ago.

Prior to Sundaram Alternates, Karthik led the India business of Clearwater Capital Partners, a pan-Asian special situations fund, and oversaw close to $2 billion of investments across secured lending, offshore private credit, deep restructurings & turnarounds, private equity, and real estate credit. Karthik has been instrumental in the setup and build-out of several new businesses in his earlier roles at YES Bank, Arthur Andersen, and Rabobank's India operations.

Karthik is a Chartered Accountant and graduated from the prestigious Loyola College, Chennai. He is also a member of the Royal Institution of Chartered Surveyors (RICS).

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Mrs Bama Balakrishnan Director

Mrs Bama Balakrishnan, Senior Vice President - Finance, Sundaram Finance Limited has been appointed as Director on the Board of the Sundaram Alternate Assets Ltd.

She has over 10 years of experience at ICICI Bank in Chennai, Mumbai, New York and Singapore, handling various responsibilities. Thereafter, she has been associated with Northern Arc Capital Limited for 12 years as their Chief Risk Officer, Chief Financial Officer, and Executive Director & Chief Operating Officer.

She graduated with an MBA from Indian Institute of Management, Ahmedabad, and has a bachelor's degree in commerce from the University of Madras. She is also a CFA charter holder.

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Mr. Arjun Sankar Mr. Arjun Sankar

Mr. Arjun Sankar Fund Manager - Credit

Mr. Arjun Sankar Fund Manager - Credit

Mr. Arjun Sankar is a real estate professional with over a decade's experience in real estate investments, lending, and fundraising. He has proven experience in real estate micro-market management in India, and investments across real estate - residential and commercial.

Arjun is currently responsible for Sundaram Alternates' RE Credit Fund Investments in Chennai and Hyderabad micro markets. Prior to his role at Sundaram Alternates, he was responsible for building and managing a real estate portfolio of USD 630mn in South India.

He has significant experience across product classes within real estate financing (equity, mezzanine, structured debt, construction finance, inventory funding, acquisition finance) across residential, retail, and commercial.

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Mr. Manoj Mahadevan Mr. Manoj Mahadevan

Mr. Manoj Mahadevan Fund Manager & Head - Bengaluru RE Markets

Mr. Manoj Mahadevan Fund Manager & Head - Bengaluru RE Markets

Mr. Manoj Mahadevan is a finance professional with over a decade's experience in real estate funding and relationship management across multiple markets in West and South India. His areas of expertise include business development, debt funding, financial analysis and cash flow projections, client relationship and service delivery and is currently responsible for Sundaram Alternates' RE Credit Fund Investments. Prior to Sundaram Alternates, he was a part of the corporate real estate funding group of Kotak Mahindra Investments Limited (managing assets over Rs. 2,000 crores) and JM Financial catering to project finance needs of large developers in Bangalore, Chennai, and Mumbai region (managing an exposure of over Rs.5,000 crores). His prior work experience includes a 5+ year stint with Jones Lang LaSalle as Manager - Capital Markets.

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Mr. Chandan Kumar Mr. Chandan Kumar

Mr. Chandan Kumar Fund Manager - Corporate Credit

Mr. Chandan Kumar Fund Manager - Corporate Credit

Mr. Chandan Kumar is a finance professional with over 12 years of experience in structured finance, debt advisory, special situation assets and fund structuring. Prior to this, Mr. Chandan was an Associate Director of InCred Capital, an NBFC for 4 years and Senior Vice President of Yes Bank Limited. In the past, Mr. Chandan worked with Mahindra Satyam as Software Engineer for nearly 2 years in the areas of data mining, analytics, and statistical models. Mr. Chandan is a Bachelor of Engineering from B.I.T. Sindri and holds a post graduate diploma in business management from XLRI Jamshedpur.

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Mr. Dhiren H Thakker Mr. Dhiren H Thakker

Mr. Dhiren H ThakkerChief Operating Officer

Mr. Dhiren H Thakker Chief Operating Officer

Mr. Dhiren H Thakker is the Chief Operating Officer at Sundaram Alternates and is associated with Sundaram for over a decade with his last role being as Head-Customer Service with Sundaram Mutual Fund. He has earlier worked with ICICI Prudential Mutual Fund in branch service operations and was last associated as head of South Zone. Prior to that he has worked with Way2Wealth Securities P Ltd as dealer.

With over 20 years of experience in front-end operations and customer service, Dhiren is a seasoned professional known for building strong, lasting relationships with distributors and engaging customers to create impactful experiences.

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Mr. Darshan Engineer Mr. Darshan Engineer

Mr. Darshan EngineerFund Manager for PMS, Sundaram Alternate Assets

Mr. Darshan EngineerFund Manager for PMS, Sundaram Alternate Assets

Darshan Engineer is an experienced investment professional with over 16 years in financial markets, including 14 years in equities and 2 years in credit ratings. His investment career spans across leading PMS and AIF platforms such as Alchemy Capital, Karma Capital, and Valuequest, with a focus on small and mid-cap strategies.

Known for his strong bottom-up research capabilities, Darshan brings deep sectoral expertise across consumer discretionary, auto & auto ancillaries, pharmaceuticals, chemicals, and information technology. His approach combines detailed financial modelling with a strong understanding of business fundamentals.

An MBA in Finance from Jamnalal Bajaj Institute of Management Studies and a Computer Science engineer from Mumbai University, Darshan has also held leadership roles in credit research during his stint at CRISIL.

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Mr. Sandeep Tulsiyan Mr. Sandeep Tulsiyan

Mr. Sandeep TulsiyanFund Manager for AIF, Sundaram Alternate Assets

Mr. Sandeep TulsiyanFund Manager for AIF, Sundaram Alternate Assets

Sandeep Tulsiyan is a seasoned investment professional with over 17 years of experience in equity research and portfolio management. His sectoral expertise spans capital goods, defence, consumer durables, cement, and auto ancillaries.

Recognized for his strong analytical acumen, Sandeep has been consistently rated among the top analysts in the Asia Pacific region for delivering alpha-generating investment ideas. He is known for his deep research insights, strategic foresight, and ability to identify long-term wealth creation opportunities.

Before joining Sundaram Alternates, Sandeep played a pivotal role at JM Financial, where he contributed to several marquee capital market transactions, leveraging his extensive corporate network and deep understanding of the investment landscape.

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SEBI Registration Details

  • Registered Name:

    Sundaram Alternate Assets Limited

  • Type of Registration:

    Portfolio Manager

  • Registration No.:

    INP000006271

  • Validity:

    28th Nov 2021– Perpetual

  • SEBI Regional/ Local Office Address:

    Securities and Exchange Board of India Southern Regional Office, Overseas Towers, 7th floor,756–L Anna Salai, Chennai – 600 002.

  • Name:

    Sundaram Alternative Investment Trust

  • SEBI Registration No.:

    IN/AIF3/16-17/0291

  • Category of AIF:

    Category III

  • Name:

    Sundaram Category II Alternative Investment Trust

  • SEBI Registration No.:

    IN/AIF2/17-18/0340

  • Category of AIF:

    Category II

  • Name of the Investment Manager:

    Sundaram Alternate Assets Limited

Corporate Office

  • Call:

    +91 73055 29179

  • Call:

    +91 73057 44425

  • Email:

    support@sundaramalternates.com

  • CIN:

    U65990TN2018PLC120641

  • Address:

    Alamelu Terrace (Citibank Building), 3rd floor, 163, Anna Salai, Chennai 600 002.

  • Mumbai Office :

    Satellite Gazebo, Unit No. 002, B Wing, B D Sawant Marg, Chakala, Andheri-Ghatkopar Link Road, Andheri (East), Mumbai – 400093.

Registered Address

  • Address:

    21, Patullos Road, Chennai - 600 002,India

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