Professional Documents
Culture Documents
ALTERNATIVE INVESTMENT
PROFESSIONALS IN INDIA
February 10
Presented by
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“It is not the honor that you take with you, but the heritage
you leave behind.”
Delighted to present to you the 40 under 40 - Alternative Investments Professionals in India for the year
2022. The 40 Under 40 campaign in its 5th year has undoubtedly become the benchmark of excellence
in the Indian alternative investments space. Words are enough to thank our Presenting Partner Edelweiss
for sharing our vision and supporting this campaign since inception.
The Indian Alternative Investment Industry has matured over years and is gradually becoming part of the
mainstream financial industry, garnering greater attention and acceptance from the regulators, the
industry leaders, and the investor. The recent surge in alternative investments is only the beginning of a
new wave of growth.
It is very imperative for the industry to have a qualified talent pool and high-impact
teams. In regards to that, the ’40 under 40’ campaign aims to
recognize the exceptional and stand out talent in the Indian
Alternative Sector. This campaign is an absolute place for
documenting the success secrets of the best and the brightest
finance minds.
With the ’40 under 40’ campaign having its heart in place,
acknowledging some of the outstanding work being done by the
professionals in this industry has given everyone on the jury as
well as the nominees a captivating experience. We are
confident that this campaign will play a defining role
in this transition for this exponentially growing
Alternative Investment Industry.
Aditya Gadge
Founder & CEO, Equalifi
ALTERNATIVE INVESTMENT
PROFESSIONALS IN INDIA
Erstwhile
Equalifi provides the opportunity for finance practitioners and related professionals to
connect and advance their focused area of practice. Equalifi aims to benefit the practitioner,
their area of specialization, the clients they serve, and the industry
at large.
It is the most popular and prestigious awards for the Indian alternative investments industry across
different verticals like fund management, advisory, operations, compliance, consulting, technology,
marketing, product design and fund raising.
The format was changed last year to ensure we identify only the best alternative investment
professionals under the age of 40 without any compulsion to choose 40 winners every time. In 2021
the Jury had selected 26 winners. This year, Jury has selected 21.
Evaluation Process
The evaluation process was crafted to guarantee that nominees are assessed based on their
achievements, reputation, leadership skills, and ambition to further succeed in business.
Our Jury
“We didn’t just reward people who are excellent at their jobs
because that is very much the expectation. We rewarded
people who have done something beyond being excellent at
their job, which is either developing a new way of working,
being innovative or contributing substantially to professional
development in the industry.
Aditya Gadge
Founder & CEO
Equalifi
Kenneth Andrade
Founder & CIO
Old Bridge Capital
As jury, it was tough to select a few award winners from the
lot. Most of the applicants were an extremely capable and
competent set of professionals. Alternative Investments is a
fast growing segment of the capital markets and the invest-
ment management ecosystem, and I was very pleased to see
the breadth of profiles and contributions across the entire
value chain, all the way from investment management and
distribution to structuring, regulation, legal, and operations. I
congratulate all the talented professionals who made the list
this year!
Kshama Fernandes
MD & CEO
Northern Arc Capital
Akhil Somani
Managing Partner
Motilal Oswal Wealth
Ankit Aggarwal
Associate Director
Kotal Investment Advisors
Chirantan Patnaik
Chirag Sachdev Director - Venture Capital
Devi Shankar
Director CDC Group
President
CX Advisors LLP
Anarock Capital Advisors
Kumaran
Chandrasekaran
Fund Manager
Sundaram Alternate Assets
Kaushal Biyani Mayank Sharma
Partner & Head - Structured Director - Investment Products
Credit Business Standard Chartered Bank
Alpha Alternatives
Mukti Seth
Senior Vice
Mudit Singhania President - Investment Products
Motilal Oswal Wealth
Partner & Head - Commodities Nikhil Aggarwal
Alpha Alternatives Founder & CEO
Grip Invest
Shreyas Trivedi
Co-Founder & Chief
Financial Officer
Romil Kapadia Cornerstone Venture
Managing Partner Partners Fund
Motilal Oswal Wealth Management
Sunanda
Venkataraman
Vice President
DSP Investment Managers
Varun Rajda
Founding Partner
Constellation Blu Advisory
Twinkle Jain
Head - Alternatives Products
Edelweiss Asset Management
Yash Bansal
Partner
Trilegal
Vineet Agarwal
Investment Manager
Antler
ALTERNATIVE INVESTMENT
PROFESSIONALS IN INDIA
Thinking
in Bets
He has previously worked with Centrum Broking as a lead analyst on the institutional equity
business. He earned best analyst awards from renowned Reuters awards for two consecutive
years and Top 10 ranking from prestigious Asiamoney polls. He also has the distinction of
special recognition for best stock ideas received from HDFC MF (3 times) and ICICI Pru MF
(Special recognition by CIO). Abhisar has also worked at ICICI securities and TCS earlier in his
career.
Abhisar has completed his MBA in Finance from SP Jain Centre of Global Management and is a
CFA charter holder. He is highly passionate about equities and draws his inspiration in fund
management business from the wisdom of legendary investors like Warren Buffett, Peter Lynch
and Joel Greenblatt.
Get ready to go out of your comfort zone to follow your passion.
Being able
to bring defining
change to lives
of people
around me
Her prior experience includes Co-founding Contrarian Capital, an early stage VC Fund focused
on technology led businesses built for the mass markets. Investments led at Contrarian include
Pratilipi, Progcap, Minjar, Signzy, Squad, Crediwatch and Wholesalebox. Aditi holds an MBA in
Finance from FMS Delhi, and a BTech. in Mechanical and Automation from Indraprastha
University.
She was recognized as one of India's Top 100 Women in Finance by AIWMI in 2019. She was
named as her alma mater FMS Delhi's Entrepreneur of the Year in 2016 for setting up
Contrarian Capital. She actively mentors women entrepreneurs as part of the Facebook
SheLeadsTech program and enjoys trekking, reading and practicing martial arts.
Role model
Chetna Gala Sinha- Mann Deshi Mahila Bank
Be driven by your
dreams not your fears.
10 40 Under 40 Report | 2022 ALTERNATIVE INVESTMENT
PROFESSIONALS IN INDIA
Relentless: From Good
ALTERNATIVE INVESTMENT
PROFESSIONALS IN INDIA
to Great to Unstoppable
Akhil Somani Managing Partner, Motilal Oswal Wealth
Akhil is a seasoned Private Banker with over 14 years of experience in investment advisory to
Promoters, Ultra High Net Worth Individuals, and Family Offices. Akhil started his career in
2006 in the Private Client Group at MF Global Sify Securities (now Philip Capital). He joined
Motilal Oswal Wealth Ltd. in 2011 after completing Global MBA from S.P. Jain School of Global
Management, and currently is amongst the "Top 3 Wealth Advisors" and one of the youngest
Managing Partner at the firm. Akhil has received several awards and accolades year after year
in appreciation of his excellent performance, and was also featured in the list of '101 Top Most
Influential BFSI Leaders' at the ET Now World BFSI Congress Awards in February 2020. His work
ethics, commitment, integrity and service levels have been well appreciated by clients. Akhil's
passion for the job comes intrinsically. He likes the fact that there is
something new to learn every day and that he has the opportunity
to work with successful entrepreneurs from various sectors. Akhil
enjoys travelling, networking, cricket, music, adventure sports,
and spending time with his two sons.
Role model
Motilal Oswal- Motilal Oswal Financial
Services
Entrepreneurial
mindset, Passion,
Perseverance &
Meticulous Time
Management
11 40 Under 40 Report | 2022
Beating the street ALTERNATIVE INVESTMENT
PROFESSIONALS IN INDIA
Ankit Aggarwal
Associate Director, Kotal Investment Advisors
Role model
Aditya Puri- HDFC Bank
Always be learning
He continues to deepen his networks and create a reliable playbook for value creation through
engaged ownership in buyout transactions.
Role model
Leadership team at CX Partners
Great things
never come
within
comfort zones
Chirantan is responsible for investing and managing a diversified portfolio of early-stage funds
and co-investments and is CDC’s representative on numerous advisory boards.
Chirantan started his career in India with ABN AMRO's M&A team and later joined Babcock &
Brown's Asian Infrastructure Fund team evaluating investments in the renewables and
transportation sector. He also worked with Axis Capital on marquee equity capital markets
mandates.
In 1999 – sponsored by Procter & Gamble, Chirantan co-founded an online community portal
targeted to teenagers that had gained one of the highest online viewership and featured as a
case study by MTV Asia.
Chirantan holds an MBA from London Business School, Masters in Management from NMIMS
and a Post Graduate Diploma in Securities Law from Government Law College, Mumbai.
Role model
Uday Kotak, Kotak Mahindra Group
Invest in relationships,
be demanding of
yourself and others
but never forget to
have fun.
Devi Shankar
President, Anarock Capital Advisors
Devi heads Industrial, Logistics & Data Center business vertical including Investment Banking
at Anarock Group. Devi has 18 years of experience in real estate, industrial, logistics, data
centers and infrastructure space across the entire gamut of general management, corporate
finance, private equity, investment banking, deal structuring and advisory. In her capacity of an
advisor, banker and investor, she has worked on multiple marquee transactions with aggregate
deal value of over $2.6+ bn. A CA, CFA and MBA Hons from the Univ. of Chicago Booth School
of Business, Devi has been acknowledged and awarded as an exceptional woman business
leader. Her previous experiences include investment banking and investment advisory with
global consulting firms such as KPMG, Deloitte and JLL.
She is passionate about data center investments in India and its impact on enhancing India's
digital infrastructure. And is also hopeful and working towards a sustainable path to India's data
center growth.
Devi is equally passionate about her personal pursuits viz Photography, Travel and Books. She
loves to have conversations on history, economy, global and Indian politics and technology.
Role model
Ujwala Rao, ex-National Director, JLL
Kaushal Biyani
Partner & Head - Structured Credit Business, Alpha Alternatives
Kaushal is a Platform Partner and Head - Structured Credit business at Alpha Alternatives. At
Alpha, Kaushal has built out and scaled up the structured credit business with a win-win
solution for both the investors and the investee companies. He has also been instrumental in
structuring and devising product buildout strategies for other asset management businesses
and creating one of its kind structures for AIFs.
In his 15+ years of experience across Credit, Structuring & Deal Advisory, Corporate M&A and
Strategy, Kaushal has always worked towards dissecting the core issues and thinking out of the
box solutions.
Prior to Alpha, Kaushal has been a part of Ernst & Young and Essar Group – where he was
responsible for negotiating and closing of then India’s largest M&A/ FDI transaction as well as
the biggest delisting in India’s corporate history. He has a bachelor’s degree in commerce and
is a CA rank holder (22nd AIR). Apart from being a visiting faculty at a business college, he is
also a holistic fitness enthusiast and regularly conducts Health and Happiness programs
(teaching meditation and breathing techniques).
Role model
Mudit Singhania - Alpha Alternatives
Work ethically,
give your 100% to
the task in hand
and be dispassionate
about the outcome.
Kumar is an alumnus of Ivy League Columbia Business School, NY, USA and a Chartered
Member of Royal Institute of Chartered Surveyors, UK. 2.
Role model
Deepak Parekh- HDFC
Treat Challenges
as Opportunities
Mayank Sharma
Director - Investment Products
Standard Chartered Bank
Mayank Sharma is heading Alternative Investment products at Standard Chartered Bank(SCB).
For the last 3 years he has been responsible for AIFs, PMS, Structured Products & Bonds. Prior
to this, he had managed Alternative Investment Products in Edelweiss Private Wealth
Management and Investment Products in DBS Bank. He Earned B.Tech in Electronics from IET,
Lucknow and an MBA in Finance and Marketing from Indian Institute of Management, Calcutta.
He has keen interest in equity markets and loves reading books of legends of investing. He
likes playing/following various sports and watching movies in his idle time
Role model
Uday Kotak - Kotak Mahindra Bank,
Mudit Singhania
Partner & Head - Commodities, Alpha Alternatives
Mudit is a Partner and Head – Commodities at Alpha Alternatives (AA). He has conceptualized
and built the largest advisory platform for commodities investing in India. He has also
designed, launched, and scaled India’s first commodity focused Category 3 Alternative
Investment Fund (AIF)- Multi strategy Absolute Return (MSAR). In his 16 years of work
experience, Mudit has always been at the forefront of pushing the boundaries to include
commodities as an alternative asset class in India. He believes that there is a large and unique
opportunity at hand and aims to build an Indian origin global scale commodities asset
management platform. He is recognized as a catalyst for the formalization of the commodities
asset management space and is an actively helping formulate regulations in the industry.
Role model
Karthikeyan Muthuswamy - Alpha Alternatives
Participating in the marathons and learning classical dance enabled her to focus on to win
mind over body.
Role model
Himanshu Vyapak- CIEL & FinX
Nikhil Aggarwal
Head - Alternatives Products, Edelweiss Asset Management
Nikhil Aggarwal is the Founder and CEO of Grip. In his role as a CEO, Nikhil seeks to offer
new-age investment opportunities to retail investors that focus on asset-backed investments
options. He has 16+ years of experience in investment banking and fintech and oversees new
growth opportunities, credit controls and risk management of the organization. He also acts as
a Consultant to the Transport Practice of the World Bank.
Prior to Grip, he co-founded Chalo in 2016. Chalo is one of India’s largest mobility startups
which focuses on building smarter solutions for public transit. Apart from this, Nikhil has been a
part of the core strategy team involved in rebuilding HSBC India’s mortgage portfolio. He holds
a degree in Economics and an MBA in Finance.
Role model
Naina Lal Kidwai, Ex-CEO and Country Head,
HSBC India
Have a vision,
and then organize your
time 3 years out.
Inevitable Wealth
Romil Kapadia
Managing Partner, Motilal Oswal Wealth Management
Romil joined the Motilal Oswal group in 2009 and is currently the Managing Partner at Motilal
Oswal Private Wealth Management wherein he oversees assets in excess of INR 3500cr across
family offices and ultra-high net worth individuals.
Romil lives in Malabar Hill, Mumbai with his family. Coming from a family of entrepreneurs, he
believes in being self-driven and treating the business of the company as his own.
His strong entrepreneurial mind set and emphasis on building and
retaining relationships has helped him build lifetime
relationships with his clientele. He believes that no two projects
are the same simply because no two individuals are the
same.He works very closely with families and in most cases acts
as an advisor to the family & their business
Shreyas Trivedi
Co-Founder & Chief Financial Officer, Cornerstone Venture Partners Fund
Shreyas Trivedi is the Co-founder & CFO at Cornerstone Venture Partners Fund. Bringing over
18 years of experience in Fund structuring and set-up, Fund administration and accounting,
Waterfall modelling, Portfolio management, Financial Modelling, Regulatory Compliances,
Investor relationship, International Tax Laws and Exchange Control Regulations, MIS
development Process development & Implementation.
He has also worked with multi-national clients in industries such Private Equity & Venture
Capital, Capital Markets, Software development & IT platforms, Media & Entertainment, Agro
based etc. helping them with setting-up and administration of entities in India, South-east Asia,
Africa and Middle-East.
Role model
Nitin Kamath- Zerodha
Sunanda Venkataraman
Vice President, DSP Investment Managers
Commitment, initiative and execution – these 3 words define Sunanda’s professional journey
till date.
Her endeavour over the long term is to enable the overall growth of the asset management
business in India as well as to increase awareness for hedge funds and alternative forms of
investments. A cause that is very dear to her is the financial inclusion of women – in both
adapting financial services and in corporate.
She uses all the possible platforms to encourage more women and help them gain confidence.
In her current role she handles the distribution tie ups for banks and private wealth counters.
She is a fitness enthusiast, lover of reading fiction, a single mom to a vivacious 7 year old, a
spirited and affectionate person who is spiritually inclined and a writer at heart.
Role model
Renuka Ramnath - Multiples Alternate Asset Management
Take initiative
and ownership
Twinkle Jain
Head - Alternatives Products, Edelweiss Asset Management
Twinkle is a Chartered Accountant and Bachelor of Commerce (Accounting & Finance) by
qualification and has about Eight years of experience in the financial services industry.
She is the Head – Alts Products team of Edelweiss Asset Management Limited and specialises
in Alternative Investments. She focuses on ideation & launch of AIF (Category II & III), PMS &
UCITS products. She was instrumental in setting up five AIF funds in the last few years. She
also takes care of operations and marketing related functions for these funds. In addition, she
was also part of the strategy team and has worked on the Bharat Bond ETF Series II launch.
Before joining Edelweiss, she worked with Morgan Stanley's Fund Services function.
She has won some notable awards and accolades in the last few years such as Edelweiss
Titans Awards in FY18, Top 100 Women in Finance (2020) and selection into Edelweiss Group's
Emerging Leaders (EL) programme.
Role model
Radhika Gupta - Edelweiss Asset Management
Role model
Ashish Fafadia - Blume Ventures
Man is made by
his belief.
As he believes,
so he is.
on the Mountain
Vineet Agarwal
Investment Manager, Antler
Vineet is an Investment Manager at Antler India. He manages India Investments for Antler
across stages and sectors. In his last stint, he was a core member of the Corporate
Development team at Ola and was involved in multiple large fundraises ($500m+), M&A
activity, and new business launches across Ola Group. Prior to Ola, Vineet worked in the
Investment Banking team at Goldman Sachs and was part of $40bn+ of M&A and IPO deals.
Vineet is a 2x founder and founded Motorhood (a vehicle maintenance startup) & BluGanesha
Airwaves (a proximity marketing venture). He holds an MBA from NMIMS Mumbai and a
Bachelor in Commerce from St. Xavier's College, Kolkata.
Role model
Uday Kotak- Kotak Mahindra Bank
Role model
S Sriniwasan- Kotak Investment
Advisors
Patience and
persistence – it makes
an unbeatable
combination to success.
Equalifi (erstwhile AIWMI) is a global membership network of financial services leaders, professionals and
aspirants. Equalifi has been set up as a continuing education & professional development platform meant
to offer its members, opportunities to earn professional designations; to participate in multidisciplinary
knowledge initiatives, enable networking at conferences; and offer one single platform for interaction,
cross-pollination of ideas and collaboration.
Equalifi provides the opportunity for finance practitioners and related professionals to connect and
advance their focused area of practice. Equalifi aims to benefit the practitioner, their area of
specialization, the clients they serve, and the industry at large.
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