Morgan Stanley Names Private Equity Head In India

Apr 24 2008 | 10:35am ET

Morgan Stanley Private Equity is looking to make some noise in India and has hired Aluri Srinivasa Rao to run the group’s investments in the region.

Rao joins from ICICI Venture as a managing director where he led p.e. investments in the healthcare sector. Prior to joining ICICI Venture in 2002, Rao held various senior positions in a number of Indian pharmaceutical companies.

Chin Chou, Hong Kong-based managing director and CEO of MSPE Asia, said: “Building on our successful track record in China and Korea, and across other markets in Asia, we are excited to be entering the India market. We see significant investment opportunities and are delighted to have attracted a world-class professional such as Aluri to join the regional team and to run our private equity platform in India.”

MSPE Asia will invest in India through its third Asia-dedicated private equity fund, the US$1.5 billion Morgan Stanley Private Equity Asia III Fund, which closed in the third quarter of 2007.

 


In Depth

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...