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

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note