Mumbai-domiciled financial services company Tata Capital, a wholly-owned subsidiary of Tata Sons, has hired Harshawardhan Sabale as co-head of its debut private equity fund. The other co-head of the Tata Capital Private Equity Growth Fund is Pramod Ahuja.
Both co-heads will report to Shailendra Bhandari, head of private equity.
Sabale most recently set up Lauris Capital, a mid-market buy-out fund. Before this, he was a partner at Navis Capital, where he led their entry strategy and expansion in India.
Bhandari said, 'We are delighted that Harshawardhan Sabale has joined the team and accepted the challenge of helping us build a world class private equity franchise. I am confident that with Harshawardhan and Pramod's experience we will be able to successfully launch our first private equity fund focused on Indian middle-market opportunities.'
Tata Capital is a wholly-owned subsidiary of Tata Sons.
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Private Equity News» By Region» Asia» India
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Harshawardhan Sabale joins Tata Capital as co-head of debut private equity fund
