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 ExCampionite class of 1981 Rajesh Khanna, former managing director of Warburg Pincus’ India operations, is set to join the breed of private equity (PE) veterans launching their own ventures.
Warburg’s India office confirmed the development,. “Rajesh Khanna will depart from the firm to pursue the formation of an independent investment business in India,” the official statement said.
Unlike a few other separations in the past, Khanna’s departure has been a very amicable one, said the industry source. “He (Khanna) is in the process of putting together an investment strategy and is likely to raise a fund with a corpus of over $250 million,” said the source.
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