IIFL Wealth and Asset Management (IIFL WAM) has announced the appointment of Anshuman Goenka as the Head of Private Equity (PE) with effect from August 23, 2021. In this role, Goenka will spearhead the Private Equity practice and work towards identifying new growth opportunities for the business in the unlisted space.
Goenka has earlier worked with Investcorp (where he led investments in healthcare and financial services), Standard Chartered PE and Baer Capital Partners. Prior to his PE career, he also worked at BCG, Accenture and Rabo India.
Private equity is an important growth area for IIFL Asset Management (IIFL AMC). IIFL AMC has acquired meaningful scale with more than US Dollar 2 billion assets under management in unlisted equity from Indian family offices and high net worth individuals (HNWIs).
IIFL Private Equity is a part of IIFL Asset Management (IIFL AMC) and has been active in the private equity ecosystem since late 2015. Across multiple strategies, IIFL Private Equity manages an AUM of more than US Dollar 2 billion from early-stage to late-stage investments across Consumer, Technology, Financial Services and Healthcare space.
In a span of 5 years, IIFL Private Equity Fund has made investments in multiple unicorns in India and has also generated exits from few of their portfolio companies.