IIFL AMC appoints new head for real estate strategy

IIFL AMC announced the appointment of Amar Merani as Head of the Real Estate Strategy. In this role, Amar will head the real estate strategy and lead the team in managing investments and building the company’s client base. Amar has a rich experience of more than 25 years and was involved in fundraising, exits, and executing high-yield structured debt transactions at leading firms. Prior to joining IIFL AMC, Amar was MD and CEO of Xander Finance. His previous stints include Kotak Investment Banking, Lazard India, IL&FS Infrastructure Finance and Price Waterhouse. Amar is an electrical engineer from VJTI, Mumbai and holds an MBA from NMIMS, Mumbai, specialised in finance and operations. IIFL Asset Management is an India-focused global asset management company and part of IIFL Wealth Management. Written from a company news release.