morgan-stanley-and-icici-venture-build-india-teams

Morgan Stanley and ICICI Venture build India teams

Morgan Stanley hires ICICI Venture director Alluri Srinivasa Rao to run private equity investing in India, while ICICI Venture lures KS Jangbahadur back from JPMorgan in the US.

Morgan Stanley has signalled its plans to focus more on private equity investing in India by hiring industry veteran, Alluri Srinivasa Rao. Rao announced earlier in April that he was leaving ICICI Venture but did not confirm where he was going. Meanwhile, ICICI Venture, India's largest domestic private equity player, is not dwelling on Rao's departure, having added a few veterans of its own to its ranks.

Morgan Stanley has poached an experienced professional in the private equity field. Rao has played a leading role at ICICI Venture since 2002. The private equity firm is a subsidiary of India's ICICI Bank and has assets worth $1.5 billion. Rao came...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222