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People

Leadership Team

Arun Malhotra: Founder & Partner

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30+ years of experience in strategic investing with specialization in Special Situations investment opportunities

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Buy-side experience with

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Manning & Napier, New York (USD 17bn AUM) and

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A USD 300mn hedge fund in India (an associate of US based Alden Global Capital, run by legendary Randall D. Smith, known as a pioneer of distressed investing)

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Executive consultant for a prestigious European Investment Bank in India.

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Solid investment research and trading stints at BLB Limited and DBS Securities (part of DBS Bank, Singapore).

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B.E. (Mechanical Engineering), Executive MBA from FMS Delhi & Full-time MBA from Simon Business School, University of Rochester, New York

Deepak Malhotra: Partner

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India specialist investment manager with an experience of 30+ years in investment management, research and risk analysis across global emerging markets accompanied by a demonstrated track record of delivering superior risk & volatility adjusted returns

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Buy-side experience with

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IMGF, a global investment fund dedicated to public equities in India,

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CFL, a UK based family office managing a multi-asset global investment portfolio, and

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Max Group, a leading multi business conglomerate with presence in insurance, healthcare & real estate

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Previous professional assignments include working with

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Caspian Securities, a UK based boutique investment bank dedicated to global emerging markets,

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Anand Rathi Group, a leading financial services and wealth management firm, and

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CRISIL (An S&P GLOBAL Company), one of the world’s leading credit rating agencies

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Bachelor’s degree in Technology (B.Tech.), Masters in Management Studies (MMS) with specialization in Finance from University of Mumbai, India

Niharika Karnani: Designated Partner

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Niharika Karnani holds an MBA in Finance from S.P. Jain Institute of Management & Research (SPJIMR) and is also a qualified Chartered Accountant (CA) and Company Secretary (CS).

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She began her career with KPMG India in the Due Diligence practice, where she gained experience across multiple sectors. Thereafter, she was associated with Hindustan Unilever Limited (HUL) as a Category Finance Manager in the Home & Hygiene division, managing the P&L of leading brands.

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At present, she serves as a Designated Partner at CapGrow Capital Advisors LLP, overseeing Research and other key functions related to the Portfolio Management Services (PMS) division, with a focus on investment research, financial analysis, and process development.

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Investment & Research/ Marketing / Operations & Compliance

The leadership team is ably supported by 4 investment research analysts, 2 marketing and 3 operations & compliance professionals alongwith 2 administration personnel.