Shyam Maheshwari completed his undergrad and Chartered Accounting from Kolkata, graduated from St. Xavier’s College and did his MBA from IIM Bangalore. He got an opportunity to work for Lehman Brothers, right after the Asian Financial Crisis, in their Tokyo and Hong Kong offices as part of their special situation desk. He was responsible for making principal investments in India, where he oversaw the efforts to build the Indian business and initiated pan-Asian ventures in mining and power assets with a focus on Indonesia. The bankruptcy of Lehman Brothers triggered the Global Financial Crisis and ultimately led to the founding of SSG Capital in early 2009.
Shyam Maheshwari led SSG Capital to become one of the largest credit fund institutions in Asia over the next 12 years. This ultimately led to a strategic partnership and integration with Ares Management. The integration and transition of the firm has been done successfully. SSG Capital has a very strong Indian franchise. It has over 70 people in India supported by another 10 in Singapore. They were the largest foreign fund focused firm in India with local teams and licenses very much similar to homegrown funds such as Edelweiss and Kotak. This was his second buildout after he did the same at Lehman Brothers in India.
During COVID, Shyam Maheshwari SSG got the time to observe the disruption, technology is doing to all the businesses. This led him to think about the next 15 years and appreciate how valuable is the time that he has now. Shyam Maheshwari retired from the company and took a break in December 2021. To leave the team with whom he had been working for the past 22 years, was an emotional moment for him. However, he feels confident and comfortable leaving the firm, as he knows his team members are perfectly capable of filling his gap and take the firm to greater heights.
Currently, Shyam Maheshwari is focusing on philanthropy, more by adding two more organizations that he can support and give time to. He is setting up his family investment office in Singapore under the regulations implemented by the country. He is spending time with the exciting start-up technology scene in Singapore which is challenging him to revise himself. Shyam Maheshwari finds his new role to be exciting. He feels that his journey from the small town of Katihar in Bihar to first job in Tokyo, Japan has been very fulfilling.
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