Indian private equity fund lures Goldman veteran

Pantaloon-promoted Future Group lures another Goldman Sachs veteran on board as CIO for its private equity fund.

Goldman Sachs managing director, Atul Kapur has succumbed to the lure of Goldman's own BRICs growth story and is moving to Mumbai as chief investment office of Indivision. Indivision is the Pantaloon-backed private equity fund which forms part of PantaloonÆs strategy to build an all-encompassing business in the financial services arena in India called Future Group.

Kapur had been with Goldman Sachs for 12 years and was appointed managing director in October, 2000. He was with the firmÆs Principal...

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