us-private-equity-firm-hires-khatod-targets-india

US private equity firm hire's Khatod, targets India

Argonaut Private Equity selects candidate with operating and management experience to increase exposure to India.

Sameera Anand

July 03, 2006

Argonaut Private Equity, based in Oklahoma, announced the appointment of Anil Khatod as managing director with a mandate to significantly increase the private equity firmÆs exposure to India. Khatod intends to make India the second largest investment destination for Argonaut after the US overtaking Australia which today ranks number two with about $300 million invested and plans to invest up to $500 million in the country.

Jason Martin, managing director of Argonaut Private Equity comments, ôIndia has been an important destination for Argonaut since our first investment here in 2003. AnilÆs appointment significantly enhances our capabilities in India.ö

Argonaut currently manages in excess of $2 billion provided by a single investor, George Kaiser and describes...

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