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  • MF News Waterfield Advisors appoints Munish Randev as CIO for family office business

    Waterfield Advisors appoints Munish Randev as CIO for family office business

    Amit Shah joins the advisory firm as Director of corporate advisory services.
    Team Cafemutual Aug 11, 2014

    Amit Shah joins the advisory firm as Director of corporate advisory services.

    Mumbai based Waterfield Advisors has appointed Munish Randev as Chief Investment Officer for their multi-family office business and Amit Shah as Director, corporate advisory services, says a press release issued by the company.

    Munish is a veteran of 19 years in the investment industry and moves from Avendus Wealth where he spent more than 4 years as the Head for Investment Advisory. His prior assignments were with Fidelity Funds Group and ABN Amro Bank.

    Amit has over 18 years of experience in investment banking and financial services. He has led and executed a number of varied domestic and cross border debt and equity raising transactions including pre-IPO, private equity, senior and mezzanine finance, acquisition finance and controlling stake sells. His last assignment was as Senior Director – Investment Banking with Avista-Houlihan Lokey.

    Both Munish and Amit will be based out of Mumbai.

    Commenting on this, Soumya Rajan, Managing Director & CEO of Waterfield Advisors said, "We are excited about Munish and Amit joining our team. Munish brings to the table extensive knowledge of all asset classes including international products. His expertise on alternate products will also help us become more relevant to the fast developing family office segment in India and abroad. We are confident of creating a new paradigm in family office management through high quality advice.”

    “Complementing Munish’s skills will be Amit’s experience and knowledge in the corporate advisory space which will be invaluable to the family owned businesses that we work with as the firm’s advisory focus is towards providing holistic solutions to our clients in both the wealth management and corporate advisory space," she added.

    In March this year, the Patni brothers, Amit & Arihant had announced a strategic investment in Waterfield Advisors. The partnership is aimed to jointly create a best-in-class platform to offer comprehensive family officeand corporate advisory solutions to clients.

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