Macquarie Asset Management appoints Avendus’ Prateek Jhawar as head of real assets for India

Prateek Jhawar

Macquarie Asset Management (MAM) has appointed Prateek Jhawar as its the head of real assets in India, the Australian investment firm said in a statement on December 8.

Jhawar will join Macquarie from January and will be responsible for MAM’s infrastructure and green investments teams in India, leading origination and investment strategies.

Prateek will join MAM from Avendus Capital, where he has worked since 2008 and advanced into senior leadership roles.

With over 21 years of experience in investment banking and corporate finance, Jhawar has a strong track record in mergers and acquisitions, leading strategic transactions across infrastructure, power, logistics, and real estate, as well as deep structuring and fundraising experience, the company said.

At Avendus, Jhawar helped establish the structured finance and special situations advisory business and later founded the Infrastructure and Real Assets vertical.

He is a chartered accountant and CFA charter holder with a Bachelor of Commerce degree from Mumbai University.

“His deep experience across various sectors and ability to leverage his established network will strengthen our investment capabilities in a growing market like India and deliver long-term value for our investors. We look forward to Prateek’s leadership in advancing MAM India’s next phase of growth,” said Verena Lim, co-head of Asia-Pacific Macquarie Asset Management Infrastructure and Chief Executive Officer of Macquarie Group in Asia.

Since 1999, Macquarie has invested more than $4.2 billion in equity capital across Indian businesses, making it one of the largest international investors in Indian toll roads, renewables and digital infrastructure.

In August, MAM closed its fundraise for Vertelo, a fleet electrification solutions platform in India, helping drive India’s EV transition.

Macquarie’s India operations represent one of its largest staff bases outside Australia, with over 1,900 employees in Mumbai, Gurugram and Hyderabad.

India continues to be an important market for Macquarie, driven by robust economic and demographic trends, which are fuelling demand for digital and physical infrastructure. India’s ambitions to achieve net zero emissions by 2070 further highlight the potential for green investments.