Star GPs On Startup Mode; PEs Beef Up Team

2010 will perhaps be defined as a record year in people trends in the Indian venture capital and private equity universe. The most dominant trend in 2010 was star private equity professionals quitting their jobs to go solo by setting up their own independent investment management outfits.

January 03, 2011 / 17:26 IST

2010 will perhaps be defined as a record year in people trends in the Indian venture capital and private equity universe. The most dominant trend in 2010 was star private equity professionals quitting their jobs to go solo by setting up their own independent investment management outfits.

Industry stalwarts like Ajay Relan (ex-CVCI head who started CX Partners) and Renuka Ramnath (ex-ICICI Venture head who started Multiples), who took the plunge in 2009 almost setting a new trend, have already had successful fundraises.

So, 2011 will be a crucial year for a number of these PE "startups" who have ventured on the entrepreneurial journey. Apart from this, the year also saw several established PE firms such as KKR, Accel and TA Associates and startup PE outfits beefing up their teams given the pickup in deal activity. 2010 also saw PE firms roping in industry professionals perhaps signaling that buyout or control transactions may be on the rise in the coming years.

VCCircle brings you its selection of

first published: Jan 3, 2011 04:55 pm

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