Religare Appoints Nalin Nayyar as CEO for Religare Global Asset Management
Religare Global Asset Management (RGAM), a multi-boutique asset management platform with AUM of US$20 Billion has announced the appointment of Nalin Nayyar as the CEO for RGAM.
- (1888PressRelease) January 20, 2015 - New Delhi - The Asset management business is wholly owned by diversified financial services group, Religare Enterprises Limited (REL). Nalin will report to Group CEO of REL, Shachindra Nath.
Nalin has been with Religare Group for over four years and brings to the role a rich and varied experience of over 2 decades in the financial services industry across U.S., Europe and Asia. Within the Group, Nalin has handled several important roles including Head of Investment Banking for Religare Capital Markets in India. He possesses diverse skill sets and expertise having handled roles spanning across the spectrum in M&A, ECM, fixed income, corporate lending and project finance. Nalin joined Religare in 2010 and was initially responsible for growing the investment banking coverage and corporate finance business in India. Prior to Religare, Nalin worked for Lehman Brothers and Citigroup in various positions globally.
Commenting on Nalin's appointment, Mr. Shachindra Nath, Group CEO, Religare Enterprises Ltd. said, "Nalin's experience in diverse areas including corporate finance, capital markets and asset management will be a great value addition to the RGAM platform. Multi Boutique asset management models are driven by both organic and inorganic build, with Nailn's experience in corporate finance I am confident that, we will be able to solidify our position in executing RGAM's strategy of building on the AUM, launching more products and expanding our affiliate base."
Mr. Nalin Nayyar commented "I am looking forward to my new role within the group. Guiding RGAM through its next phase of growth and building on the ground work done by the entire team promises to be exciting and challenging."
About Religare Global Asset Management
Religare Global Asset Management (RGAM), a subsidiary of Religare Enterprises Limited (REL), is a US $20 Billion multi-boutique alternative assets management platform. RGAM's operating philosophy is to partner with best of breed asset managers (Affiliates) in various alternative asset classes and also build out organic ventures with distinctive capabilities.
With a presence across US, Europe and Asia it has emerged as the largest alternative asset management platform based in India.
RGAM facilitates the development of Affiliates and the underlying businesses/funds through access to its distribution and service teams, helping them efficiently raise capital and service investors. The broader Religare footprint and established presence in key emerging markets further benefits the underlying businesses by providing them with access to local knowledge and deal flow in those markets.
Current key RGAM affiliates include YourNest Angel Fund (a SEBI-registered venture capital fund), Northgate Capital (Global VC and PE Investments with an AUM of US$ 4.2 billion), Landmark Partners (Global Secondaries with an AUM of US$ 12.3 Billion), Religare Health Trust (Singapore Listed Trust with an AUM: US$ 500 million) Religare Credit Advisors (private debt fund launched in 2014), Quadria Capital (Asia focused Healthcare PE Fund with an AUM: ~US$ 150 million), India Build-Out Fund I (India Focused PE Fund with an AUM: US$ 70 million), Value Quest capital (India focused Value Investing Fund launched in 2014).
For further information, please contact:
Kushal Khosla Roshni Rohira
Fortuna PR Fortuna PR
M: +91 9891865029. M: +91 9769383310.
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