Pankaj Tibrewal has stepped down as executive vice-president and fund manager at Kotak Mutual Fund to start his own venture, according to sources. He joins a league of fund managers calling it quits at their jobs to set up their own ventures in the PMS/AIF space.
Seasoned in fund management for more than 18 years, Tibrewal had begun his career as a credit analyst. He was with PNB Asset Management before joining Kotak Mutual in 2010. At Kotak, he managed 10 funds with around Rs 50,000 crore of assets under management.
