S. Sriniwasan (Srini) has been with the Kotak Group since 1993 and currently heads Kotak Investment Advisors Limited (KIAL), a wholly owned subsidiary of Kotak Mahindra Bank.read more
S. Sriniwasan (Srini) has been with the Kotak Group since 1993 and currently heads Kotak Investment Advisors Limited (KIAL), a wholly owned subsidiary of Kotak Mahindra Bank.
Srini established one of India’s first Real Estate funds in 2005 and steered the growth of the business since its launch to USD 2.2 billion (funds raised till date). Srini also oversees Kotak Private Equity, Kotak Infrastructure Funds, Kotak Special Situations Fund, Kotak Listed Strategies, Investment Advisory and Kotak Cherry. Overall, KIAL has raised about USD 4.7 billion in funds across these asset classes.
As one of the earliest fund managers to raise and invest capital in India, Srini has introduced significant financing, financial structuring and negotiating skills in the alternate assets industry.
Prior to setting up the alternative asset management business for the Group, he was a part of Kotak’s investment banking joint venture with Goldman Sachs since inception in 1995. As co-head of Kotak Investment Banking till 2005, Srini advised leading domestic and international companies on capital raising, M&A and strategic divestitures.
Srini is a member of the Federation of Indian Chambers of Commerce and Industry (FICCI) committee for policy initiatives on Foreign Direct Investment and REITs and the Confederation of Indian Industry (CII) subcommittee on Capital Markets. He also serves as Chairman for the Royal Institute of Chartered Surveyors (RICS), South Asia Valuation Professional Group Board. He is also Co-chairman of Asia Pacific Real Estate Association Limited (APREA) India Chapter and a member of the Governing Council of Global Real Estate Institute (GRI) – India Chapter. He is a Member of the Executive Committee at the Indian Private Equity & Venture Capital Association (IVCA) and a Member of the Private Credit Council at EMPEA.
Srini holds a Bachelor's degree in Commerce from Delhi University and an MBA from the Institute of Management Technology (IMT), Ghaziabad.
Eshwar joined the Kotak Mahindra Group in 2000 and brings with him over two decades of financial services experience.read more
CEO - Kotak Special Situations Fund
Eshwar joined the Kotak Mahindra Group in 2000 and brings with him over two decades of financial services experience. He is part of the core leadership team at Kotak Investment Advisors Ltd.
Eshwar has taken over as the CEO of the Kotak Special Situations Fund where he oversees investments across all special situations, credit and stressed assets opportunities. The fund strategy is to invest in opportunities across all asset classes with a flexible approach to investing and structuring.
Prior to Kotak Special Situations Fund, Eshwar was the CEO of Phoenix Asset Reconstruction Company (a Kotak sponsored ARC) which had an AUM of USD 1 billion. During his 5 year tenure at Phoenix, he made investments across all major sectors and successfully resolved investments.
Eshwar was the founding member of the distressed assets business at Kotak and has helped the group in successfully investing over INR 2,500 crores (USD 417 million) of its proprietary capital in distressed assets. He has built time tested expertise in identifying distressed opportunities, structuring and executing complex financial transactions as well as securing profitable exits.
Prior to Kotak, Eshwar has worked at Ceat Financial Services (RPG Group) and Sundaram Finance Ltd.
Eshwar holds a Bachelor's degree in Commerce from the University of Pune and is a Management graduate from the Institute of Management Development and Research, Pune.
Vikas Chimakurthy joined the Kotak Mahindra Group in 1999 and has over 21 years of work experience in the financial services industry.read more
CEO – Realty Funds
Vikas Chimakurthy joined the Kotak Investment Bank in 1999 and has over 21 years of work experience in the financial services industry.
Vikas moved to Kotak Realty Fund in 2007. He is a Chief Executive Officer at Kotak Realty Fund where he oversees fund raising and investments and divestments.
Prior to Kotak Realty Fund, Vikas was in the M&A team of Kotak Investment Banking. His last role in the investment bank was as the head of the real estate and energy sector verticals. He had set up the coverage of the realty sector for Kotak Investment Banking. He has led several M&A transactions across sectors such as energy, telecom, technology, media and chemicals. He was also appointed as part time advisor to the Board of IL&FS after Government of India took control to resolve the issues.
Vikas holds a Bachelor's degree in Technology from the Indian Institute of Technology (IIT) Delhi, and an MBA from Faculty of Management Studies (FMS), Delhi University.
Suman Saha is Head of Kotak Infrastructure Fund at Kotak Investment Advisors Limited. Suman established the Infrastructure Funds management business of the Kotak Mahindra Group in 2013.read more
Head - Infrastructure Fund
Suman Saha is Head of Kotak Infrastructure Fund at Kotak Investment Advisors Limited. Suman established the Infrastructure Funds management business of the Kotak Mahindra Group in 2013. The Infrastructure Funds team currently advises three Singapore – based fund vehicles which invest in core infrastructure in India.
Suman joined Kotak Mahindra Group in 1995 in its investment banking business. At Kotak Investment Banking, as Executive Director and Co–Head, Equity Product Group, Suman was involved in the origination and end–to–end execution of Equity Capital Market (“ECM”) transactions, including Initial Public Offerings and Follow–on Offerings of Indian companies. He has led some of the largest Indian ECM deals, several of which were in the Indian power, transport, other infrastructure and real estate sectors, like NTPC, Reliance Power, KSK Energy, JSW Energy, IPCL, Indraprastha Gas, IDFC, DLF, Sobha Developers etc. Prior to that, Suman set up and ran the project finance advisory business at Kotak Investment Banking, advising companies in the steel, automobile, power, gas distribution, storage terminal and other sectors.
Suman has over two and a half decades experience in project finance, investment banking, and infrastructure investing and asset management. He began his career in project finance in IDBI, prior to joining Kotak.
Suman is a 1991 graduate in Electrical Engineering from Jadavpur University, Kolkata and completed his post–graduation in Business Management from NMIMS, Mumbai.
Alroy Lobo is a Kotak veteran. He has a total work experience of over 27 years in Indian equity markets.read more
CEO – Listed Strategies
Alroy Lobo is a Kotak veteran. He has a total work experience of over 27 years in Indian equity markets.
He joined the Kotak Group as an equity research analyst in September 1993 when Kotak Securities was just building its equity research franchise. Alroy covered IT services, pharmaceuticals and the cement sectors and was ranked highly by polls conducted by Institutional Investors and Asia Money. Alroy rose to become the Head of Equity Research, Equity Strategist and the Head of Institutional Equities at Kotak Securities, at a time when Goldman Sachs was a joint venture partner. Alroy spent about 14 years in the institutional equities business at Kotak Securities, advising global institutional investors. He spearheaded formulation of a proprietary framework called ‘WHIZDOM’ at Kotak Institutional Equities, which is a powerful framework for evaluating stocks. Kotak Institutional Equities is ranked among the best equity research houses in India for several years by institutional investors.
Alroy’s next assignment was at Kotak Asset Management, where he played the role of Chief Strategist and Global Head of Equities Asset Management for over 8 years. He built a solid buy-side research team at Kotak AMC. He institutionalized fund management by creating robust investment systems and processes to aid fund management performance. These included a proprietary portfolio analytics tool called ‘K-PAX’, mid-cap and large cap model portfolios, knowledge management systems, broker voting systems and performance evaluation systems. Alroy, along with his buy-side research team, actively advised Kotak’s equity fund management team across Kotak Group entities, on stocks, sectors, portfolio construction and portfolio optimization. Alroy has spent a great deal of time interacting with institutional investors and family offices across the world to build and grow Kotak’s International Asset Management business.
Alroy joined Kotak Investment Advisors Ltd. in August 2015 as CEO - Listed Strategies to continue his passion in Indian equities. He is the Founding Member of the India Whizdom Fund, where he leverages his wealth of public equity experience and expertise, gathered over more two and a half decades.
Alroy is an accomplished Chartered Financial Analyst from CFA Institute as well as ICFAI. He is a first ranker in Masters in Management Studies (Finance) from Sydenham Institute of Management, Mumbai (1988). He is a gold medalist in Bachelor of Mechanical Engineering from Regional Engineering College, Srinagar (1985). He is also a gold medalist Chartered Financial Analyst from ICFAI (1995).
Rajeev Saptarshi joined Kotak Investment Advisors Limited as the Chief Operating Officer in November 2013.read more
Chief Operating Officer
Rajeev Saptarshi joined Kotak Investment Advisors Limited as the Chief Operating Officer in November 2013. He is responsible for the Finance, Legal, Compliance, Operations and Investor Relations functions of the entire alternate assets practice of the Kotak Mahindra Group.
Rajeev brings with him a wealth of experience in dealing with the regulatory authorities and is well versed with fund structuring and compliance matters. Rajeev has been with the Kotak Mahindra Group for over 20 years during which he has held several senior management roles across different businesses. In his earlier roles, Rajeev was the Chief Operating Officer of the Institutional Equities business at Kotak Securities Limited, where he led Technology initiatives and also headed the Operations and Finance functions. He was also the Chief Financial Officer of Kotak Mahindra Capital Company, the Investment Banking arm of the group where he managed finance and operations.
Rajeev is a Chartered Accountant and a Company Secretary.
KV Ramakrishna is an Advisor to Kotak Private Equity Group (KPEG).read more
Ramakrishna K. V.
Advisor – Private Equity
KV Ramakrishna is an Advisor to Kotak Private Equity Group (KPEG). He joined the team in October 2004. With over 25 years of experience in the private equity and venture capital industry, he is instrumental in building KPEG's investment focus with a value-based long-term investment strategy.
Ramakrishna's experience spans sectors like information technology, light engineering, retailing and services. His controlled risk strategy has helped identify local businesses with interesting growth ideas and predictable cash flows.
Earlier, he was associated with the Carlyle Group's Carlyle Asia Venture Partners (CAVP), a USD 330 million technology-focused fund. Before joining Carlyle, he was a part of ICICI Venture, the private equity and venture capital arm of the ICICI Group. Ramakrishna started his career with the Management Services Division of Tata Motors (then TELCO), India's largest automobile company.
Ramakrishna has a Post Graduate in Management from the Indian Institute of Management (IIM), Bangalore. He completed his graduation in Computer Sciences and Engineering from the National Institute of Technology at Warangal.
Nitin Deshmukh is the founding member and Advisor to the Private Equity practice at Kotak and has played a pivotal role in building the Alternate Assets business at Kotak Investment Advisors Ltd.read more
Advisor – Private Equity
Nitin Deshmukh is the founding member and Advisor to the Private Equity practice at Kotak and has played a pivotal role in building the Alternate Assets business at Kotak Investment Advisors Ltd.
Nitin is a career Venture Capital / Private Equity professional with over 32 years of investment experience who has seen the growth of the VC and PE space from being a mere nomenclature to being one of the most preferred financing vehicles in the country. Nitin’s uncanny ability to identify trends and leaders in their infancy and helping them realize their potential, has been the hallmark of his career. He has lead and managed investments in over 70 companies, a number of which have grown at a scorching pace attaining leadership position in their respective sectors. Over 40 of these companies have been in Life Sciences (Pharmaceuticals, Biotech & Health Care) many of them are today's global players and include Sun Pharmaceuticals, Biocon, Intas Pharmaceuticals, Ajanta Pharma, Syngene, Manipal Healthcare, Natco Pharmaceuticals, Advanced Enzymes, Neuland Laboratories, Gland Pharma, Bharat Serums & Vaccines, Intas Biopharmaceuticals, Metahelix Life Sciences, Rubicon, Fem Care, Medicorp ( since acquired), Bangalore Genei ( since acquired) etc. He was a member of the Board of Directors of most of these companies. Of recent, he has been closely associated in leading the team strategy of investing in early stage transformational healthcare companies developing and commercializing novel therapeutics, medical devices and services that address unmet medical needs through innovation.
Prior to joining Kotak in June 2004, Nitin was Director of Dresdner Kleinwort Capital when it started operations in India in June 2001. Prior to joining Dresdner, Nitin had a long stint of over 12.5 years with ICICI Venture, starting in January 1989 to becoming its Chief of Private Equity Investments in 1997, heading the funding and investment management activities of various Funds. Prior to ICICI Venture, Nitin worked with Cipla, India’s leading Pharmaceutical Company in technical and management positions.
Nitin has a strong association with the India's Biotech and Pharmaceutical Industry having served as the first honorary Director General of Association of Biotechnology Led Enterprises (ABLE), the apex industry association of biotech companies in India and then serving as it’s Director. He is a member of various policy and investment committees constituted by Department of Biotechnology (DBT), Department of Science & Technology (DST) and BIRAC. Nitin also serves as a member of the Confederation of Indian Industry’s (CII) National Committee on Biotechnology and member of the Board of Governors of Institute of Chemical Technology (ICT) (formerly UDCT).
Nitin holds an MBA degree from University of Bombay and a Masters Degree in Pharmaceutical Technology from UDCT Bombay where his research work led to a patent filing on machine design for the manufacture of Novel Drug Delivery Systems. He also completed the Post-Graduation Programme in Pharmaceutical Technology at the University of Ghent, Belgium. Nitin is a recipient of the Distinguished Alumnus Award 2012 from the Institute of Chemical Technology (ICT), Mumbai earlier known as UDCT.