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Gaurav Gupta appointed by Macquarie Capital as head of Macquarie Capital Advisers in India



Posted On : 2010-03-09 11:15:46( TIMEZONE : IST )

Gaurav Gupta appointed by Macquarie Capital as head of Macquarie Capital Advisers in India

Mumbai - March 8, 2010: Macquarie Capital (Macquarie) today announced the appointment of Gaurav Gupta as Head of India for Macquarie Capital Advisers. Mr Gupta will be based in Mumbai and report to Kalpana Desai, Macquarie Capital Advisers' Deputy Head of Asia.

"We have built a strong platform in India and Gaurav's relationships and strong origination capabilities across sectors will help us to maintain this momentum and grow our business in India further," said Ms Desai.

Mr Gupta has more than 12 years of investment banking and transaction advisory experience. He joins from Nomura where he was most recently Head of Telecommunications, Media and Financial Services for India.

"I am delighted to be joining Macquarie, a leading, highly respected and innovative financial services organisation. With its strong sector focus, Macquarie is well placed to add significant value to clients in India. I look forward to working with the team to take the Indian franchise to the next level of growth," said Mr Gupta.

"We are excited to have Gaurav joining our team. India remains a high priority market for Macquarie and we will continue to invest in our top-tier business in the country," said Andrew Low, Macquarie Capital's Head of Asia.

Mr Gupta brings extensive deal making experience to Macquarie. He has led both domestic and cross border transactions across multiple sectors including realestate, telecommunications and media. Mr Gupta was most recently involved in the $US1.8 billion divestment by Aircel of its towers business to GTL, which was one of the largest, all cash domestic M&A transactions in India.

Macquarie has a significant presence in India and has advised on some of India's most successful transactions, including the largest ever IPO in India for Reliance Power. Macquarie's activities in India include corporate finance and advisory, infrastructure funds management, cash equities sales and research, and private wealth management.

Mr Gupta's appointment further extends the capability within Macquarie Capital's advisory team, and complements the continuing expansion of Macquarie's Asian advisory and capital markets platform.

Source : Equity Bulls

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