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Greater Pacific Capital Appoints Goldman’s Akshaya Prasad As Co-head

23 April, 2009
Greater Pacific Capital continues to tap Goldman Sachs for talent hunting. The fund set up by former Goldman Sachs bankers has now appointed Akshaya Prasad, the infrastructure head at Goldman Sachs India, as the co-head of its private equity business in India.
 
Prasad had spent 9 years at Goldman Sachs’ London and Mumbai offices and was part of the senior team that managed Goldman Sachs’ $6.5 billion Infrastructure Fund. Prasad had also set up Goldman’s infrastructure investment business in India.
 
Prior to joining the Infrastructure Fund at Goldman, Prasad was an executive director in Goldman Sachs’ investment banking team based in London. In that role, Prasad was involved in large, complex international transactions across industries such as oil, metals, banking, ports and shipping and food and beverages.
 
Greater Pacific Capital, the London based fund focussed on making investments in India and China, has been making quite a few investments in India. With Prasad’s appointment, one can expect Greater pacific Capital to be looking at infrastructure investments closely in India- a sweet spot for PE investors of late.  It acquired 38 % stake in Ahmadabad-based outsourcing firm Azure Knowledge Corporation for $32.5 million. It also picked up a 20% stake in brokerage firm Edelweiss Capital.
 
Greater Pacific Capital has most of its founder partners from Goldman Sachs. Ketan Patel, CEO, Founder Partner at GPC, was previously a managing director in the Investment Banking division at Goldman Sachs. Joe Sealy, another founder partner at GPC, was a previously a managing director  in the Investment Banking division at Goldman Sachs. Similarly, Gautier de Limelette, a VP at Greater Pacific, also comes from Goldman Sachs.

 


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Greater Pacific Capital Appoints Goldman’s Akshaya Prasad As Co-head

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