Prakash Subramanian joins hedge fund Millennium Capital as India CEO

US-based company is looking to invest in India and is building a new management team in the country

Prakash Subramanian, a former managing director of Standard Chartered Bank, has joined US-based hedge fund Millennium Capital as its chief executive officer for India.

Millennium Capital, a global hedge fund headquartered in New York, manages $57 billion of funds worldwide. The fund is looking to invest in India and is increasing its presence by building a new management team.

Prakash spent over three decades with ANZ Grindlays Bank and Standard Chartered Bank across investment banking, treasury, senior management and governance. He also led teams in treasury, wholesale bank, debt and equity capital markets, portfolio management, strategy, process and governance, and