Paracor Capital Advisors

Siddharth Sivaprakash, the founder and CEO, is the central figure in the firm's investment process. Pratik Adani serves as Managing Director and CIO (per Mint, 2022), suggesting a small, tightly held senior team where Sivaprakash's forensic-research philosophy directly shapes portfolio construction. The firm has not publicly detailed a broader investment committee structure.

Paracor runs a concentrated, long-only Indian equity strategy, typically holding 15–25 positions. The process is built on primary-source, forensic research — field visits, channel checks, and accounting scrutiny — to identify quality businesses trading below intrinsic value. The firm favors companies with durable competitive moats, high returns on capital, and management teams with demonstrated capital-allocation discipline.

Paracor Capital Advisors is a SEBI-registered Portfolio Manager focused on listed Indian equities. There is no public record of the firm making direct unlisted, venture-stage, or pre-IPO commitments. Its research process, while unusually intensive for a public-markets manager, has not been extended to private-market mandates to date.

The firm relies on an internal research framework rather than sell-side broker networks. Analysts conduct independent channel checks, interview competitors and suppliers, and scrutinize financial statements for accounting anomalies. This self-sourced, field-intensive model is unusual among India's long-only PMS firms and was the founding premise of the firm in 2011.

No. As a privately held Portfolio Manager in India, Paracor is not required to publicly report assets under management or advisory, and the firm has not voluntarily disclosed the figure. Third-party databases and media coverage also provide no verifiable AUM number.

India's SEBI mandates a minimum investment of INR 50 lakh (approximately USD 60,000) for Portfolio Management Services. Paracor's specific minimums are not publicly listed, but the firm would be bound by this regulatory floor. The firm's concentrated, research-heavy approach and small team suggest a capacity-constrained model, which may imply higher practical minimums or limited account openings.

The edge originates with the founder. Siddharth Sivaprakash's background in institutional equities exposed him to the gap between reported financials and ground truth in Indian mid-cap companies. Paracor was structured explicitly to bridge that gap — using field researchers, not desktop analysts — to verify revenues, supplier relationships, and management claims before committing capital.