Mumbai, 11 July
2024: 360 ONE has announced the
appointment of Raghav Iyengar as CEO designate of its asset management business
(360 ONE Asset), subject to necessary approvals. Raghav comes with a rich
experience of over three decades in the financial services sector. Prior to
joining 360 ONE Asset, he served as the President and Chief Business
Officer at Axis Asset Management, where he led retail and institutional sales,
marketing, digital, business intelligence, public relations and investor
services. His extensive experience includes significant tenures with ICICI
Prudential Asset Management and Tata Asset Management.
Raghav will
strengthen 360 ONE Asset’s strategic direction and growth agenda and work
closely with the investment teams to enhance the organisation’s market
presence. He will drive the overall business strategy, design the product suite
and various distribution strategies, leverage international teams supporting
different markets, and lead discussions with institutional investors. He will
also be deeply involved in risk management, compliance, and regulatory affairs.
Commenting on the
appointment, Karan Bhagat, Founder, MD and CEO of 360 ONE, said,
“Raghav’s extensive experience and demonstrated track record in asset
management will further strengthen our position as the leaders in Alternates in
India. His exposure to different market segments and strategic implementation
of new products and distribution strategies will drive our growth and enhance
our ability to deliver exceptional value to investors.”
Raghav Iyengar,
CEO designate of 360 ONE Asset, said, “360
ONE Asset has built a strong innovation and performance-oriented business. They
have a highly collaborative culture and a differentiated approach to delivering
performance. Their unique, comprehensive platform provides tremendous
opportunities for driving the next stage of growth. I am excited to lead 360
ONE’s asset management business and work closely with a talented and successful
team.”
360
ONE Asset is an alternates-focused asset management firm with assets under
management of $8.7 billion*. It is part of the 360 ONE group that has over $56
billion* of assets under management. 360 ONE Asset’s
differentiated product suite includes Alternative Investment Funds, Portfolio
Management Services, and Mutual Funds spanning asset classes of public and
private equity, private credit, and real assets. With deep
domain knowledge, a strong understanding of the Indian markets and a
highly experienced investment team, 360 ONE Asset is focused on creating the
right risk-adjusted alpha for investors.
*as on March 31, 2024