New Silk Route Partners LLC, abb as NSR, is a $1.4-billion

private equity firm A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including lev ...

that invests in private companies in India, Asia, and the Middle East.

History

New Silk Route was initially named Taj Capital. Its founding team included, at various points (alphabetically): *

Abdul Hafeez Shaikh Abdul Hafeez Sheikh is a Pakistani economist and politician who served as Federal Minister for Finance and Revenue Affairs from 11 December 2020 to 29 March 2021. Previously, he served as an advisor to Prime Minister on Finance and Revenue fr ...

, 20th finance minister of

Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's fifth-most populous country, with a population of almost 243 million people, and has the world's second-lar ...

* Anil Kumar, former senior partner at McKinsey & Company * Mark Schwartz, former chairman of Goldman Sachs Asia and CEO of

Soros Fund Management Soros Fund Management, LLC is a private American investment management firm. It is currently structured as a family office, but formerly as a hedge fund. The firm was founded in 1970 by George Soros and, in 2010, was reported to be one of the mos ...

Parag Saxena Parag Saxena (Hindi: पराग सक्सेना; born 27 April 1955) is an Indian investment manager that is Co-Founder and General Partner of Vedanta Capital. Early life and education Saxena earned a B.Tech from the Indian Institute o ...

, former managing partner of

Invesco Invesco Ltd. is an American independent investment management company that is headquartered in Atlanta, Georgia, with additional branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York stock exc ...

Capital and Vedanta Capital * Raj Rajaratnam, former managing partner of the

Galleon Group The Galleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. The firm was the center of a 2009 insider trading scandal which subsequently led to its fall. The firm w ...

Victor Menezes Victor J. Menezes (born 14 May 1949) is an Indian banker. Early life He was born in Pune, India on 14 May 1947, the son of Manuel Menezes, who was the chairman of the Indian Railway Board. His younger brother Ivan Menezes is CEO of Diageo. H ...

, former vice chairman of Citigroup Messrs. Kumar, Rajaratnam, and Schwartz resigned as founding partners before the firm began operation. The firm enjoyed close relationships with both Goldman Sachs and the

: "A month before joining Goldman’s board, Rajat Gupta began marketing a $2 billion hybrid private-equity and hedge fund vehicle called Taj Capital Partners with one of Goldman’s biggest hedge fund clients, Raj Rajaratnam." According to ''Fortune,'' "New Silk Route's original fundraising was for $2 billion (under the name Taj Capital) -- and ..the first $600 million or so went into Galleon hedge funds."Primack, Dan
Alleged inside trader is more than a "consultant" and ex-Goldman director
''Fortune''. March 1, 2011.

Leadership Team

* Anand Dorairaj, Partner * Jacob Kurian, Partner * Jens Yahya Zimmerman, Partner *

, CEO & Founding General Partner * Sanjeev Chachondia, Operating Partner * Vivek Sett, Partner

Senior Operating Partners

The fund formed a strategic advisory board in January 2012 comprising: * Dr. Herbert Henzler, former Senior Partner and Chairman of Europe at McKinsey & Company * Nina Shapiro, VP Finance at

International Finance Corporation The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of ...

* Supratim Bose, President of Asia-Pacific at

Boston Scientific Boston Scientific Corporation ("BSC"), incorporated in Delaware, is a biomedical/biotechnology engineering firm and multinational manufacturer of medical devices used in interventional medical specialties, including interventional radiology, i ...

and former Partner at New Silk Route

Investments

In 2007: * Reliance Telecom Infrastructure * Ascend Telecom In 2008: * Augere * Beaconhouse School System * Destimoney * Orissa Television Communications In 2010 NSR: *

Café Coffee Day Café Coffee Day (CCD) is an Indian multinational chain of coffeehouses headquartered in Bengaluru, Karnataka. It is a subsidiary of Coffee Day Enterprises Limited. Internationally, CCDs are present in Austria, Czech Republic, Malaysia, Nepa ...

* Nectar Lifesciences *

Amonix Amonix, Inc. is a solar power system developer based in Seal Beach, California. The company manufactures concentrator photovoltaic (CPV) products designed for installation in sunny and dry climates. CPV products convert sunlight into electrical ...

Woody, Todd. (2010-04-21
A Big Bet on Solar Technology - NYTimes.com
Green.blogs.nytimes.com. Retrieved on 2013-07-18. In 2013: * Moshes Fine Foods It had large stakes in

9X Media 9X Media is the largest Indian music broadcaster operating 4 music television channels and a Bollywood news portal – www.spotboye.com. The four music channels are 9XM (Latest Bollywood), 9X Jalwa (Evergreen Hindi), 9X Jhakaas (Marathi) and ...

and Ascend Telecom Infrastructure as of 2016. Its other investments include VRL Logistics, Rolex Rings, KS Oils, Varsity Education Management and Vasudev Adiga’s Fast Food.

References

{{Reflist, 30em

External links