Avigo Capital Partners, a mid-market private equity fund, has appointed Gautam Bakhshi as its chief financial officer (CFO) and director to the fund.
Prior to this appointment, Bakhshi worked with PE firm Sabre Capital in a similar position where he was responsible for financial and legal diligence, and investor relations, besides working closely with portfolio companies to strengthen their governance and reporting standards.
Bakhshi has extensive experience in taxation, financial management and corporate governance in a career spanning 27 years. He had been in operating roles for 16 years and worked with Tata Teleservices, Voltas and Indian Hotels – all of them Tata group companies. Besides private equity, he has exposure to several business sectors including telecom, turnkey engineering projects and hospitality. He had started his career with Price Waterhouse and then worked for Ernst & Young before joining the Tata group.
Bakhshi is a chartered accountant and an Economics major from St. Stephen’s College, Delhi University.
Avigo Capital Partners, an Indian private equity fund manager, was formed in September, 2003, with the focus on PE investments in the SME sector in India. It operates a growth fund and a buyout SME fund in the country, and is now managing over $365 million across these two funds. Avigo is currently investing out of its third fund, which had its final closing in June, 2010, at $240 million.