RSS FeedWorld's Second Largest Hedge Fund DE Shaw To Enter India; Anil Chawla To Head It
Thu, 04/27/2006 - 07:25 — Sahad P VD E Shaw, the world's second-largest hedge fund, is entering India. DE Shaw has roped in Anil Chawla, chief executive officer - commercial finance, India & South East Asia, GE. Chawla will join the fund in June as the country head. He will be responsible for setting up offices and recruiting people.
According to a US hedge fund industry publication Absolute Return, in 2005, Westport-based Bridgewater Associates topped the list of hedge funds with $17.7 billion in assets, followed by DE Shaw with $17.1 billion. It will invest in private equity as well as distressed assets in India. [Via Business Standard]
