IPC Capital today announced it has agreed to team up with an asset management company in India. The transaction is expected to close by the end of the year.
Online PR News – 10-May-2016 – HONG KONG – IPC Capital has already established a team of four based in Mumbai, headed by Mr. Pretam Kulavoor, Head of Sub-Continent Division. The team currently provides research for offshore funds including Indian equities and BRIC equities.
IPC Capital’s Global Head of Investments, Mr. Henk van den Berg commented on the expansion saying “India is one of the world’s largest growth markets and a strategic priority for our firm. The acquisition illustrates our commitment to expand in India and we look forward to working closely to accelerate the growth of the business.”
IPC Capital’s Chief Financial Officer, Mr. James Fan also added “As index and ETF product demand continues to grow significantly in India, IPC Capital’s expertise and global platform will provide us the opportunity to grow further and enhance our offering for our clients here at IPC Capital.”
“India is only the start of our expansion in the sub-continent, where the growth potential is huge. By the end of the year, we will look to expand into the Latin American market. We are also pleased the strong expertise that Pretam and his team have established,” added James Fan, Chief Financial Officer of IPC Capital.
At IPC Capital, our goal is to provide a unique private investment experience for high net worth private individuals and their families, corporations and institutions. We provide more than just our best in class tailored investment products and guidance, with a comprehensive service offering that is there to meet all of your wealth management needs.
IPC Capital integrates considerable intellectual capital, extensive expertise in asset management, a wealth of expertise in product selection and with an array of strategies across all major and many minor asset classes. Our suite of investment solutions includes passive, active and alternative asset management expertise.