Private | |
Industry | Private Equity |
Predecessor | Taj Capital |
Founded | 2006 |
Founder |
Rajat Gupta Parag Saxena Victor Menezes |
Headquarters |
New York, United States Mumbai, India Bengaluru, India Dubai, United Arab Emirates |
Key people
|
Parag Saxena (CEO) Victor Menezes |
Products | Private equity, Growth capital |
AUM | $1.4 billion |
Website | www |
New Silk Route ("NSR" or New Silk Route Partners LLC) is a $1.4-billion private equity firm that invests in private companies in India, Asia, and the Middle East.
New Silk Route was initially named Taj Capital. Its founding team included, at various points (alphabetically):
Messrs. Kumar, Rajaratnam, and Schwartz resigned as founding partners before the firm began operation.
Messrs. Gupta, Kumar, Menezes, Rajaratnam, and Saxena have all, at various points, been target of or found guilty in U.S. criminal or civil law enforcement investigations.
The firm enjoyed close relationships with both Goldman Sachs and the Galleon Group: "A month before joining Goldman’s board, Rajat Gupta began marketing a $2 billion hybrid private-equity and hedge fund vehicle called Taj Capital Partners with one of Goldman’s biggest hedge fund clients, Raj Rajaratnam." According to Fortune, "New Silk Route's original fundraising was for $2 billion (under the name Taj Capital) -- and [...] the first $600 million or so went into Galleon hedge funds."
The fund formed a strategic advisory board in January 2012 comprising:
In 2010 NSR invested in:
In 2008 NSR invested in:
In 2007 NSR invested in: