New Silk Route, an Asia-focused private equity and growth capital firm, has formed a strategic advisory board to identify global opportunities for its portfolio companies. The private equity firm has appointed international business leaders Nina Shapiro, Dr Herbert A. Henzler and Supratim Bose for its newly created advisory body, the firm said in a statement.

The strategic advisory board will be responsible for identifying global opportunities for New Silk Route’s portfolio companies. These would include potential business partnerships, strategic transactions and public offerings on exchanges in Asia, Europe and North America, the statement added.

Shapiro has recently served as the vice-president (finance) and treasurer of the International Finance Corporation (IFC) and also held many high profile positions at the World Bank. Henzler is a special advisor to the chairman of Credit Suisse Group and earlier worked in numerous other leadership positions. Bose, with a distinguished 28-year-long career at Johnson & Johnson (Asia), has recently accepted a position at Boston Scientific Corporation as executive committee member, executive vice-president and president (Asia-Pacific).

“The purpose of the strategic advisory board will be to provide guidance and identify potential business opportunities for our investments in markets across the globe in order to drive maximum value for our investors,” said Parag Saxena, founder and CEO of New Silk Route. “However, the opportunities for our investments are not simply confined to those regions.”

Incorporated in 2006, New Silk Route is a private equity and venture capital firm specialising in growth capital and buyout investments with $1.4 billion under management. It prefers to invest in consumer services, education, infrastructure, telecom, manufacturing, IT, engineering and financial services space. The firm prefers to invest in India, South Asia, the Middle East and other emerging Asian economies.


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