Pag, an alternative investment company focused on Asia and the Pacific, has increased its Indian private capital leader Nikhil Srivastava to conduct her overall private capital business together.
The appointment is effective immediately, said a company that manages $ 55 billion assets on Thursday. Srivastava, a partner, will also join the company’s management committee and will cooperate with David Wong, partner and co -chairman of Pag Private Equity.
Srivastava will be replaced by Lincoln Pan, Partner and Co-Hlava Pag Private Equity, who is leaving the company to join as CEO Jardine Matheson Holdings Ltd.
Lincoln will work on Pag until November this year, the company said.
Srivastava joins other Indian managers in KKR, Blackstone and Warburg Pincus, who have taken important leadership in global private capital over the last three years. The Blackstone’s India AMit Dixit head has led asia PE operations in the last few years. Warburg Pincus and KKR also increased their appropriate Indian heads, Vishal Mahadevia and Gaurav Trehan to lead companies after Asia two years ago.
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“Nikhil assumes this leading position with an excellent outcome in shops, team management and strategic implementation, as well as a deep understanding of the region and the ability to manage and develop our portfolio companies,” said Shan, Executive President and co -founder Pag.
Srivastava modified the Pag’s private capital platform and led large investments in Nuvama Wealth Management and Manjushree Technopack. In front of Pag, Srivastava worked for almost decades in India, Singapore and the American KRK markets.
He also worked in Goldman Sachs and Inphi Corporation. Srivastava is the holder of MBA of Harvard Business School, a Master’s Master in Stanford Electrical Engineering and a bachelor’s company in electrical engineering from Bits Pilani. It also owns several patents, the company said.
Pag offers three basic strategies on loans and markets, private capital and real assets. The company manages capital more than 300 investors of institutional funds and has more than 370 investment experts.
In India, Pag also invested in companies such as Sekhmet Pharmaceuticals, ACME and Pravesha.
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