Edelweiss Asset Management Limited (Edelweiss AMC) has appointed Ashish Agarwal as Managing Partner – Private Equity.
Radhika Gupta, MD & CEO, Edelweiss AMC said, “Our alternative investment funds focus on unique uncorrelated ideas that complement traditional investments. Innovative companies in sunrise sectors are staying private longer and this is fueling unprecedented demand from both founders and investors for private equity investments. Ashish’s addition to our team will allow us to capitalize on this multi-decade trend through our upcoming fund in private equity space. The proposed strategy will invest in market leaders with strong unit economics in sunrise sectors and take advantage of the attractive valuations many of these businesses trade at today.”
Nalin Moniz, CIO-Alternative Equity, Edelweiss AMC said, “We are delighted to have Ashish on board. Our AIF funds have a consistent track record, are gaining size and it is important to add more talent to this team to maintain our market leadership as we move forward. Ashish’s two decades of investing and operational experience across various sectors and geographies will also add strength to our Alternative Investment Funds business”.
Earlier, Ashish was associated with Navis Capital Partners for more than a decade and a half.
Last month, Edelweiss appointed Trideep Bhattacharya as Co-CIO-Equities, Abhishek Gupta, and Sahil Shah into its equity fund management team.