Tata Capital, today announced the appointment of Akhil Awasthi as the managing partner of its Mid-Market Private Equity Fund.
Tata Capital is a subsidiary of Tata Sons and registered with the Reserve Bank as a systematically important, non-deposit accepting, non-banking financial company.
Awasthi has about 20-years of experience in private equity, listed equity and banking, having funded both Indian and foreign incorporated businesses across industries such as technology, life-sciences and consumer, a press release issued here said.
The most recent part of his career has been as a partner with Baring Private Equity Partners (India) where he succesfully built the healthcare practice and created a portfolio of four successful investments, the release added.