ACRE

Assets Care & Reconstruction Enterprise Limited ("ACRE") is an Asset Reconstruction Company (ARC) established under the provisions of the SARFAESI Act, 2002. It is one of the first ARC's in India and is engaged in the business of acquiring Non Performing Assets (NPA's) from Banks and Financial Institutions and their resolution as per guidelines stipulated by Reserve Bank of India... ACRE is one of the first ARCs to receive significant FDI in 2014 with Ares Management acquiring a 49% stake in ACRE. We are now one of largest and fastest growing ARCs in India with Assets under Management (AUM) as on March 31, 2024 of INR 10,944 Crore or USD 1,313 Mn... ACRE invests in NPLs either as a sole investor or by working with investors who subscribe to the Security Receipts (SRs) issued by ACRE Trust.

Primary location: New Delhi United States