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Jayanta Banerjee has reportedly quit Lehman Brothers where he joined earlier this year as MD of private equity. The Economic Times reports that Banerjee has headed back to ICICI Venture, his earlier employer, in a "larger firm wide role involving capital raising and other corporate responsibilities".
But what is interesting is the private equity circles in Mumbai are abuzz with rumours that Amit Chandra, former partner at New Silk Route Private Equity, will be joining a leading private equity fund (it's part of a large bank, and no prizes for guessing) as its CEO. Apparently, the current head of the fund may move to the parent company in a senior role. The next move of Chandra, once considered a star banker at DSP Merrill Lynch, will be closely watched anyway. Watch this space.