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Motilal Oswal Hires Rakesh Sony As Director, Private Equity

21 November, 2008

Financial services company Motilal Oswal Financial Services Ltd has appointed Rakesh Sony as director of its private equity business. Motilal Oswal Venture Capital Advisors Private Limited (MOVCAPL) runs a general private equity fund and a real estate fund. Sony has 10 years of experience in investment banking and corporate finance.

Sony was till now a co-founder and managing director of Kolkata-based Microsec Group, a financial services company with presence in investment banking, stock and commodity broking and wealth management. He is a chartered accountant and B.Com graduate from St Xaviers,

Kolkata. Motilal Oswal’s private equity division is headed by Vishal Tulsyan.

MOVCAPL has a sector agnostic fund to provide growth capital to SMEs of $125 million. It also launched a $175 million real estate fund earlier this year. MOVCAPL has so far invested in six companies. Some of its recent investments are Pune-based  Parag Milk Foods Pvt Ltd and

Rajasthan-based non-banking finance company AU Financiers.


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Motilal Oswal Hires Rakesh Sony As Director, Private Equity

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