There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
At Actis, Murugappan was responsible for leading and coordinating fundraising activities relating to South Asia and for deal generation in India. At Deeva he will be one of three partners at the start-up equity firm with international seed funding.
He joined Actis in February 2004 from ICICI Securities, where he was head of investment banking.
Prior to this, he had had a long innings at Cazenove. Murugappan began his career with Cazenove in London and moved with the firm to India to spearhead its India operations.
He qualified as a solicitor in England and holds an LLM from Cambridge University.
AsianInvestor reveals the first half of our marquee winners for this year's Asset Management awards, including best asset service provider and top alternative fund houses.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.
The Australian pension fund joins other asset owners in eyeing private credit opportunities in the Asia-Pacific region, although liquid defensive assets retain a majority of allocations.
Alternatives news roundup: Asia Pacific's alternatives market to hit $6tr by 2025; Indonesia's SWF to buy troubled toll roads
Asia Pacific alternatives market to grow to $6tr by 2025; Australian private capital assets rose to A$77 billion in mid-2020; Chinese authorities limit cash management products holding riskier securities; Indonesia's sovereign wealth fund to acquire several toll roads; Korean institutional investors support scheme to buy US asset-backed securities; and more.