06 Sep
|
Sira Alternatives
|
Mumbai
06 Sep
Sira Alternatives
Mumbai
About us:
Sira Alternatives is an AI-native alternatives firm establishing a SEBI Category II AIF — target corpus ₹1,250 crore, with a substantial anchor commitment from the founding team — to provide bespoke, high-conviction credit to India’s high-growth mid-market, where traditional financing falls short. We back businesses with solid promoters, clear exit paths and a need for patient, structured capital. Sector agnostic, with a preference for healthcare & pharma, the data centre value chain, education, sustainability and industrials. Our DNA is in large, complex transactions where management has to actively create equity value — through operational improvement, strategic consolidation, or a well-executed transition to public markets.
The roles: Two seats on the founding investment team:
• Principal (8–12 years): full deal ownership — origination through structuring, IC approval and portfolio outcome. A P&L-facing; seat with direct exposure to the Investment Committee and our LPs.
• Senior Associate (4–7 years): ownership of underwriting and diligence,
with growing responsibility for structuring, IC documentation and borrower engagement. Clear path to Principal as the fund scales.
Both require relevant experience in private credit, special situations, NBFC/structured finance, or a credit- or transaction-focused role at an investment bank or advisory firm, and a CA / CFA / MBA from a reputed institute. Competitive compensation.
What you’ll do:
Common to both roles
• Underwriting: build and own the financial model — cash flow projections, sensitivities and stress cases, security cover, repayment analysis — and form a view on the credit.
• Diligence: run the process end to end, commissioning and working with legal, tax, technical and financial consultants and translating findings into structural protections.
• Structuring: shape instruments (NCDs, OCDs, mezzanine, structured equity), covenant packages, security and inter-creditor arrangements.
• IC and documentati
📌 Principal (Mumbai)
🏢 Sira Alternatives
📍 Mumbai