Sunil Singhania's Family Office

Abakkus Asset Manager, founded by Sunil Singhania, is a prominent India-focused asset management firm specializing in alpha-focused investment strategies. The firm primarily invests in listed Indian equities and offers a comprehensive suite of investment products, including Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), Private Equity funds, and advisory services. Abakkus employs a fundamental, research-driven, bottom-up investment process, guided by its proprietary "MEETS" framework, which considers Management, Earnings, Events/Trend, and Timings. Their investment philosophy aims to generate alpha and create wealth for investors by building diversified portfolios across various market capitalizations, often with a strategic bias towards mid and small-cap companies and a contrarian approach.

Abakkus Asset Manager was established in 2018 by Sunil Singhania, a highly respected and experienced figure in the Indian financial landscape. Before founding Abakkus, Mr. Singhania held significant leadership roles, including Global Head – Equities at Reliance Capital Ltd. and CIO – Equities at Reliance Mutual Fund (now Nippon India Mutual Fund), where he achieved remarkable success, notably growing the Reliance Growth Fund over 100 times in less than 22 years. He founded Abakkus with a clear vision to build one of India's most esteemed and top-performing asset managers, emphasizing simplicity, discipline, and a strong focus on fundamental analysis, drawing inspiration from the ancient computing device, the abacus. The founding team also includes Jigar Mehta, Rajesh Patil, and Manish Goel.

The firm has successfully launched various investment vehicles, such as the Abakkus Emerging Opportunities Fund and Abakkus Growth Fund, both of which have garnered recognition for their strong performance. Recently, Abakkus raised ₹2,400 crores for its inaugural private equity fund, AbakkusFour2Eight, which targets high-quality businesses poised for initial public offerings within a 6 to 30-month timeframe. While specific public market portfolio companies are not extensively disclosed, the Abakkus Emerging Opportunities Fund's portfolio has included notable mid and small-cap companies like Ion Exchange India, Anup Engineering, Federal Bank, Jindal Stainless, and Sarda Energy & Minerals. Additionally, Sunil Singhania's family office, a related investment entity, has made investments in companies such as Workie and Rays Power Expert, focusing on sectors like Energy and Environment.

The leadership at Abakkus Asset Manager is spearheaded by Sunil Singhania, a distinguished professional holding both CFA charterholder and Chartered Accountant qualifications, with an all-India rank. His extensive experience includes serving on the Global Board of the CFA Institute, USA, and as Chairman of its Investment Committee, in addition to founding the Indian Association of Investment Professionals (now CFA Society India). The firm's team comprises other seasoned professionals, including Ankit Aggarwal, a Fund Manager for their Private Equity initiatives, and Aman Chowhan, a Fund Manager for the Abakkus Emerging Opportunities Fund. Abakkus prides itself on its professionally managed approach and a highly experienced team dedicated to generating superior returns through rigorous adherence to established processes, frameworks, and investment discipline.