Private Equity Can Create Huge Value Over Time
Businessworld|January 23, 2017

NOBODY in India may have seen the evolution of private equity (PE) as closely as Renuka Ramnath, founder, managing director, and CEO of Multiples Alternate Asset Management. In a candid conversation with BW’s Munnish Puri and Clifford Alvares, she talks about the transformation of the PE industry

Private Equity Can Create Huge Value Over Time

NOBODY in India may have seen the evolution of private equity (PE) as closely as Renuka Ramnath, founder, managing director, and CEO of Multiples Alternate Asset Management. In a candid conversation with BW’s Munnish Puri and Clifford Alvares, she talks about the transformation of the PE industry

Having seen the evolution of the private equity business since the late 1990s, could you take us through your initial journey?

What excited me about PE is not only the ability to provide capital to entrepreneurs but also to partner with or handhold entrepreneurs in their journey to create high value in their companies.

In late 90’s, ICICI Ventures was a pioneer in the Indian PE industry — at a time when this asset class may not have been easily understood. Initially, we had a total corpus of $47.5 million raised through an international joint venture.

This story is from the January 23, 2017 edition of Businessworld.

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This story is from the January 23, 2017 edition of Businessworld.

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