Ajit Hutheesing
| Ajit Hutheesing | |
|---|---|
| Born |
March 4, 1936 Mumbai, India |
| Nationality | America |
| Occupation | Business person |
Ajit G. Hutheesing (born 4 March 1936) is the Founder, Chairman and Chief Executive Officer of International Capital Partners Inc. (ICP). ICP commenced investment activities in 1992, providing private placement equity to finance the growth of successful smaller companies. After a successful record of investments in small private and public companies, ICP is winding down its activities. Mr. Hutheesing was a member of the Greenwich Roundtable, a group of 100 invited members who collectively manage $1 trillion plus.
Mr. Hutheesing is an Indian American, i.e. American Jain of Indian origin. He was born in Mumbai, India into a very well known Hutheesing family. His mother, Krishna Nehru Hutheesing, a well-known author, was the sister of India’s first Prime Minister, Jawaharlal Nehru. His father, Gunnotam Hutheesing, was part of one of the larger industrial families in India, the Lalbhai Group; he served India as a politician, journalist and businessman. Ajit Hutheesing has three sons, Nikhil Hutheesing, Vivek Hutheesing, and Ravi Hutheesing. Nikhil and his wife, Anita Khosla, have two sons, Kirin Hutheesing and Remy Hutheesing. Vivek is married to Anjali Kalgutkar and they have one daughter, Mirai Hutheesing.
Ajit was educated at Cambridge University in England where he received his bachelor's degree in chemistry, physics, metallurgy and mathematics and his master's degree in chemical engineering. He received his MBA from Columbia University in New York.
Ajit was one of the first Indians in Wall Street when he started his investment banking career in 1960 with Loeb, Rhoades & Co. In 1962, he joined S.G. Warburg & Company in London as part of his investment banking training. He returned to India in 1963 to start the first investment bank but when his cousin, Indira Gandhi, became Prime Minister and started nationalizing banks and insurance companies, he decided to leave India.
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