Private Equity in India: An Insider's View
The Jerome A. Chazen Institute for Global Business invites you for a special talk with Gaurav Dalmia ’90, chairman of Dalmia Group Holdings, one of the leading industrial conglomerates in India. The conversation will focus on how private equity differs in India as compared to Western markets, why he favors real estate and structured debt, how private equity can address global business challenges, and how to take advantage of opportunities in India in its current stage of economic development.
The discussion will be moderated by Suresh Sundaresan, a Chazen Senior Scholar and the Chase Manhattan Bank Foundation Professor of Financial Institutions.
About the Speakers:
Gaurav Dalmia is the Chairman of Dalmia Group which invests in private equity, real estate, public markets, structured debt and fixed income. He is an early investor in and a Board member of True North, a leading Indian private equity fund, which manages approximately $3.5 billion. He is also the founder and Chairman of Landmark Holdings, a real estate investment firm. He co-founded GTI, a long-term investment vehicle for India-focused investments. He is a member of the Governing Board of The Institute for New Economic Thinking in New York. He is Chairman of the Indian Advisory Board of Room to Read, a global education charity. He is a Board member of the Centre for Social and Economic Progress. He is an op-ed contributor to The Economic Times, The Times of India and The Financial Times. He was selected as a Global Leader for Tomorrow by the World Economic Forum in 2000. He received an MBA with Beta Gamma Sigma honors from Columbia Business School.
Suresh Sundaresan is the Chase Manhattan Bank Foundation Professor of Financial Institutions at Columbia University. He has published in the areas of Treasury auctions, bidding, default risk, habit formation, term structure of interest rates, asset pricing, investment theory, pension asset allocation, swaps, options, forwards, futures, fixed-income securities markets and risk management. His research papers have appeared in major journals such as the Journal of Finance, Review of Financial Studies, Journal of Business, Journal of Financial and Quantitative Analysis, European Economic Review, Journal of Banking and Finance, Journal of Political Economy, etc. He has also contributed articles in Financial Times, and World Bank Conferences. He is an associate editor of Journal of Finance and Review of Derivatives Research. His current research focus is on default risk and how its affects asset pricing and sovereign debt securities.