TH Global Capital to raise global, India focused funds as it looks to diversify

Vivek Subramanyam, Founder and CEO, TH Global Capital

Investment banking firm Technology Holdings, which recently announced its rebranding as  TH Global Capital, signalling its strategic expansion into asset management and growth advisory, is planning to launch both global and India focused funds under its asset management business, Founder & CEO Vivek Subramanyam told Moneycontrol.

The rebranding reflects the firm’s evolution into a full-service investment banking company with a broader range of offerings beyond its traditional niche focus, he added.

“This new identity is designed to better capture the firm’s comprehensive range of services, which now includes Sell Side M&A, Buy Side M&A through its "TH Buy and Build" initiative, growth equity, debt financing, financial sponsor coverage & secondaries, IPO advisory, and more. A key part of this rebranding is the launch of the Asset Management arm and the expansion of its growth advisory services, which aim to help companies protect and enhance their valuations with targeted growth strategy advice,” said Subramanyam.

Subramanyam added that the firm will be making more announcements about its asset management foray later this quarter.

With its other new line of business - growth advisory services - TH Global Capital will focus on helping companies prepare for sale or recapitalisation, identifying key areas for growth, and improving performance across departments, said Subramanyam. The firm will also support businesses in executing acquisitions, ensuring they maximise their valuations in the process.

On the dealmaking front, Subramanyam said that he expects a steady recovery in technology dealmaking globally, driven by falling interest rates and regulatory easing in the US. These factors are expected to boost M&A activity and capital markets in the coming year, he said.

India will continue to remain a critical market for the rebranded firm, with the firm planning to expand its investment banking, asset management, and advisory services. As part of this growth, TH Global Capital is set to increase hiring, including senior and junior M&A experts and sector specialists, to support its India operations and cross-border transactions, added Subramanyam.