Growing market has positive impact on private equity
Cross border mergers and acquisitions can be an important tool for fostering global partnerships aided by private equity. In a discussion titled ‘Role of Private Equity in Empowerment of Financial Institutions’ at the Global Partnership Summit being held in New Delhi leading players and experts from the industry talked about the expansion of the sector and the impact it has on global economics and partnerships.
Global Partnership Summit is an India-Japan initiative to build alliances in various fields making way for closer cooperation between the two Asian countries.
The panel included; George Molakal, an Oxford and Harvard Business School alumnus who is the CEO of Alcor Fund, Sachin Seth, Partner EY LLP, Dr E Sankara Rao, Managing Director and CEO, IFCI, Syed Zafar Islam, BJP Spokesperson who has been associated with the finance sector in the past, Boris Tsimerinov, Managing Director Semper and Capital and US based Mudit Dawar, Founder and CEO, Access.
George Molakal gave the example of Coke to explain how cross border acquisitions can take place saying the soft drink giant started in US in 1904 and expanded to Canada and Mexico later has a huge presence across the world.
He added that private equity can aid such acquisitions by targeting …read more
