Alvarez & Marsal Appoints Arpito Mukerji as MD to Boost Debt Financing in India
Alvarez & Marsal (A&M) India has announced the appointment of Arpito Mukerji as Managing Director within its Financial Advisory and Special Situations practice. At A&M, he will be responsible for building out the Debt Financing vertical in India.
With more than 30 years of experience across private credit, banking, and real estate, Mr. Mukerji brings deep expertise in value-driven and distressed investing. He has worked extensively with capital providers and Indian corporates across the investment spectrum, from traditional banking to complex structured credit. His track record includes originating, managing, and exiting high-impact investments across asset classes and geographies.
Alvarez & Marsal’s structured finance and private credit advisory offering plays a critical role in bridging capital dislocations across sectors like real estate, infrastructure, metals & mining, renewables, and special situations. In India, $7–8 billion of private credit has been deployed annually over the last two years across 200+ deals. Backed by deep investor relationships and a track record in landmark transactions, A&M delivers tailored debt solutions to clients navigating complex funding needs.
Prior to joining A&M, Mr. Mukerji served as Managing Director and part of the founding investment team at Apollo Global Management’s Asia Real Estate Group, where he led marquee real estate transactions across India. He was also a founding partner at Rezone Investment Advisors and has held leadership roles at Bank of America Merrill Lynch, UBS, Dell Corporation, GE Capital, and ABN AMRO Bank.
Himanshu Bajaj, Managing Director & Head – A&M India and GCC, said, “India is entering a pivotal phase where access to tailored capital solutions is becoming a strategic imperative for businesses. The surge in private credit activity, combined with evolving real estate capital requirements, is creating a fertile environment for innovative financing structures. Arpito’s deep sectoral expertise and ability to navigate both investor and borrower ecosystems will help deliver solutions that accelerate our clients’ growth.”
Nikhil Shah, Managing Director and Financial Advisory & Special Situations Leader, said, “Arpito’s appointment reflects our focus on expanding A&M’s financial advisory offering in India across the private capital lifecycle. His deep investing and structuring expertise complement our capabilities in special situations and debt advisory. We are confident that his experience will help unlock long-term value creation for clients seeking innovative credit solutions.”
Arpito Mukerji, Managing Director, A&M India, said, “The Indian private credit landscape is maturing rapidly, marked by growing investor appetite for yield, and a shift towards bespoke, risk-calibrated structures. At the same time, real estate markets are evolving beyond traditional models, driven by institutional capital and regulatory evolution. A&M’s global network, trusted advisory model, and commitment to execution excellence make it an ideal platform to serve the dynamic needs of businesses today. I look forward to scaling our Private Credit and Real Estate advisory practice in India.”
