IIFL AMC appoints Amar Merani as Head of the Real Estate Strategy
Chandigarh, (Aditi) : IIFL AMC announced the appointment of Mr. Amar Merani as Head of the Real Estate Strategy. In this role, Amar will head the real estate strategy and lead the team in managing investments and building the company’s client base.
Amar has a rich experience of more than 25 years and was involved in fund raising, exits, and executing high-yield structured credit transactions at leading firms. Prior to joining IIFL AMC, Amar was MD & CEO of Xander Finance. His previous stints include Kotak Investment Banking, Lazard India, IL&FS Infrastructure Finance and Price Waterhouse.
Karan Bhagat, Founder, MD & CEO, IIFL Wealth and Asset Management, commenting on the appointment said, “With the emergence of REITs as a new asset class, Real Estate offers tremendous growth potential. Amar’s rich experience coupled with deep understanding of both credit and equity, will further enhance our real estate offerings.”
Commenting on the appointment, Amar Merani said, “I’m delighted to take up this role to lead the real estate business at IIFL AMC, which is a leader in the AIF space and known for innovation. I look forward to working with the firm’s talented team to create differentiated products suited for the dynamic market environment.”
Amar is an electrical engineer from VJTI, Mumbai and holds an MBA from NMIMS, Mumbai where he specialized in Finance and Operations.