International recovery of illegal assets has received considerable attention in the last 25 years. International conventions against corruption, organized crime and terrorism have recognized its central importance for international and national security, development policy and the Rule of Law. International institutions such as the Organisation for Economic Cooperation and Development (OECD) and the World Bank (WB) have created special units and programs to deliver and implement policy recommendations on the issue. Moreover, private organizations such as Transparency International and the Basel Institute on Governance have also engaged in supporting efforts done by States and local NGOs around the world, especially in developing countries. However all these initiatives to design and implement a comprehensive and effective framework to identify, trace, freeze, confiscate and recover illegal assets from abroad have not fulfilled the expectations of victims, civil society, States and international community. Extensive literature claims that political, legal and operational problems impede an effective approach to international recovery of illegal assets in the context of the fight against organized crime. Yet, there are no studies that consider international asset recovery in the context of peace negotiations between the State and illegal armed groups, where cooperation, compromise and mutual concessions are essential features of such situation. I argue that a peace process is a special opportunity for international asset recovery because in this context parties can create the incentives to overcome the key obstacles of ordinary asset recovery. Still, this requires to rethink international asset recovery in terms of restorative justice. I argue that a peace process setting is an exceptional background to create complementary, temporal and exceptional mechanisms by which illegal armed groups can effectively map, identify and cooperate with State authorities in order to recover, repatriate and liquidate their illegal assets from abroad. By pursuing this, the State would not only comply with the international standards of asset recovery, but also could fulfil the obligations owed to victims of international crimes. I claim that we should examine this new dimension of international asset recovery because most illegal armed groups involved in peace negotiations are also involved in drug trafficking, money laundering and terrorism at a global scale. This dissertation aims to link the standard literature of international asset recovery with the field of restorative justice, peace-making and transitional justice to explore a new a research agenda that could have relevant policy implications.