Key Takeaways
- • Motilal Oswal has appointed former Temasek India co-head Padmanabh Sinha to lead its alternative investment business, according to Bloomberg, as the firm expands across private equity, real estate and private credit.
- • Motilal Oswal Alternates manages approximately $3.5bn in assets, per the report.
- • Sinha previously served as executive director and chief investment officer at India's National Investment and Infrastructure Fund (NIIF) until April 2025, before leaving to establish an independent private equity fund.
- • The firm closed its largest private equity fund at $938m in February, its first to attract international investors, and entered private credit in 2025 targeting more than $300m in commitments.
Summary
Motilal Oswal Alternates manages approximately $3.5bn in assets. Sinha's prior roles include senior investment positions at Temasek, the National Investment and Infrastructure Fund (NIIF) and the Tata Opportunities Fund. He most recently served as executive director and chief investment officer at NIIF until April 2025, when he left to establish an independent private equity fund.
The leadership change follows a period of fundraising and diversification at the unit. In February, Motilal Oswal Alternates closed its largest private equity fund to date at $938m, attracting international investors for the first time. The firm also entered the private credit market in 2025, targeting more than $300m in commitments.
The move reflects continued growth in India's alternative investment industry, which is supported by rising allocations from domestic institutions and wealthy individuals. Competitors Kotak Alternate Asset Managers and 360 ONE have also strengthened their senior leadership teams as competition for private markets capital intensifies.
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