ArthVeda appoints Lokanathan Nadar to head infra vertical

Image
Announcement Corporate
Last Updated : Jan 21 2013 | 2:06 AM IST

ArthVeda Fund Management Pvt Ltd today announced that Mr. Lokanathan M. Nadar will head its Infrastructure vertical.

“ArthVeda’s growth strategy is built around a number of verticals; we are already managing funds in the real estate vertical. With Mr. Nadar joining the management of ArthVeda the company is opening up its infrastructure vertical. His wide and all round experience and in-depth knowledge of the core infrastructure sector will help us launch a series of specialized infrastructure funds”, said Mr. Bikram Sen, ArthVeda’s CEO welcoming Mr. Nadar to ArthVeda.

“Infrastructure as a sector has great potential in India and is in the implementation stage. New entrepreneurial participation and the potential of the sector opens up doors for this new vision of Arthveda to be a partner in this sector,” said Mr. Lokanathan Nadar while stating that he is looking forward to working with ArthVeda to help the company fulfill its unique vision.

Mr. Nadar joins ArthVeda from Wadhawan Group, where he was CEO - Infrastructure & SEZ. Mr. Nadar was heading both the development of Pavana Multi Product SEZ and other Infrastructure initiatives of the group. Mr. Nadar’s almost 15 years of experience in the core infrastructure sector in the areas of Project Development & Construction, Conceptualization, Business Development, Marketing and Identification of New Business opportunities gives him a well-seasoned perspective that perfectly complements ArthVeda’s needs as a rapidly growing company focused on introducing innovative funds to generate high IRRs.

Mr. Nadar has earlier worked with Sterling SEZ & Infrastructure Ltd., as Chief Operating Officer and prior to that he worked with Infrastructure Leasing & Financial Services (IL&FS). Mr. Nadar is a trained Chartered Accountant and Company Secretary.

ArthVeda Fund Management Pvt. Ltd. (AVFM or ArthVeda), established in 2005, was earlier known as DHFL Venture Capital India Pvt. Ltd. (DHFLVC). ArthVeda is a subsidiary of Dewan Housing Finance Co. Ltd. (DHFL)-the third largest home mortgage finance company in India. DHFL is listed on BSE & NSE and is rated CARE AA+, BWR FAAA & CRISIL P1 indicating high standards of business management. The objective of ArthVeda is to float funds that offer ample opportunities for extracting ALPHA, i.e. high risk-adjusted returns.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 08 2012 | 2:59 PM IST

Next Story