The Eight Capital Group was set up in 2005 to invest in India’s emerging distressed assets market. The firm has an AUM of $650MM managed by an 11 member investment team based in Mumbai. It has a 12 year track record of successfully restructuring and turning around distressed companies in industrial and cyclical sectors. Eight Capital's first fund was launched in 2005, anchored by J.P. Morgan and other institutional investors. It has been an early investor in the Indian distressed markets and has a proven track record in executing innovative structures in India, such as pre-packaged bankruptcies, litigation funding and executing the first arbitration claims transaction in the country.