There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
Pandit was most recently the chairman of McKinsey in India. He joined McKinsey in the US in 1980 and moved to Mumbai to co-found the firm's India office in 1993. Pandit worked with major US and other global companies in a variety of areas, including corporate governance, strategic alliances, technology management, manufacturing, marketing and sales. He played a leading role in building McKinseyÆs presence in India and has relationships that span Indian industry.
ôRanjitÆs understanding of the dynamics shaping the India market will be extremely helpful to our efforts in providing capital to growth companies," says William Ford, CEO of General Atlantic, in a written statement. "Moreover, Ranjit will be instrumental in assisting our global portfolio in their expansion to emerging markets in India and Asia."
Pandit has a masters in business administration from the Wharton School, University of Pennsylvania, following a bachelors degree in electrical engineering from the University of Bombay.
General Atlantic says the hire reflects its strong long-term view of investment prospects and market opportunities in India. The firm opened its office in Mumbai in 2002 and has invested nearly $1 billion in Indian companies. Its investments include a stake in the country's largest outsourcing firm Genpact, Mumbai-based Patni Computer Systems, Infotech, IBS Software Services, Hexaware and the National Stock Exchange (NSE), among others.
Investors can still find spread premiums in niche private debt, with the asset class's prognosis looking strong, said a keynote speaker at AsianInvestor’s latest summit on Wednesday.
AsianInvestor details the second part of our marquee award winners for 2021, which includes the standout ESG adviser and also the asset manager of the year.
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.