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Narayana Murthy's Catamaran aims to double AUM to $2 billion in 5 yrs

It has shifted focus from early-stage investments to growth and late-stage bets

Deepak Padaki, President, Catamaran
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Deepak Padaki, President, Catamaran

Aryaman Gupta New Delhi
Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firm’s assets under management (AUM) from the current $1 billion to $2 billion over the next five years.

“For direct investments, we are focusing on growth-stage investments and very selectively on early stage,” Deepak Padaki, president, Catamaran, told Business Standard.

“(This is) primarily because the early-stage space in India, in the last three-four years, has completely changed. There has been a huge influx

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First Published: Jul 23 2023 | 7:07 PM IST

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