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Aikyam Capital marks first close of maiden special situation fund

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Aikyam Capital Management, an Indian alternative investment firm, announced the first close of its Aikyam Capital Stressed Assets Fund I, a Category I Special Situation Fund, securing Rs 105 crore. With a target corpus of Rs 300 crore and a greenshoe option of Rs 200 crore, the fund aims for Rs 500 crore total. Founded by Nilesh and Navnit Choudhary, Aikyam focuses on distressed business investment across sectors, emphasizing operational support and restructuring.