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  • MF News Anup Maheshwari joins IIFL AMC as Joint CEO and CIO

    Anup Maheshwari joins IIFL AMC as Joint CEO and CIO

    He will be responsible for driving investment and strategy at IIFL AMC.
    Team Cafemutual Aug 1, 2018

    IIFL AMC today announced the appointment of Anup Maheshwari as the Joint CEO and Chief Investment Officer (CIO) with effect from mid-August 2018.

    Maheshwari brings with him 24 years of investment experience. An alumnus of IIM Lucknow, Maheshwari joins IIFL AMC from DSP BlackRock Mutual Fund. He has been with DSP BlackRock since July 1997 except between Dec 2005 and May 2006 when he was CIO at HSBC Asset Management. At DSP BlackRock, in his capacity as CIO – Equity, he was managing their domestic funds. Prior to joining DSP BlackRock, he has worked for Chescor, a British fund management firm that used to run three offshore funds investing in Indian equities.

    With responsibility of investment and strategy at IIFL AMC’s business including mutual funds and alternative investment funds (AIFs), Maheshwari will play a key role in meeting the company's aggressive growth goals as well as product development and devising innovative investment strategy, said the company press release.

    Karan Bhagat, Founder, MD & CEO of IIFL Investment Managers, said, “Maheshwari’s experience in investment management, both offshore and onshore, will be highly advantageous to IIFL AMC. He brings with him incredibly strong knowledge and experience which will be vital as we chart out ambitious plans to grow and develop our asset management business.”

    Maheshwari added, "IIFL AMC has a deserved reputation as the leader in the AIF space with many innovations under their belt.  IIFL AMC's brand, values and fast growth are facets I have respected as an industry player, and I am excited to be on board and part of the great team that will take these to the next level.”

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