WL Ross & Co. LLC (“WL Ross”), amongst the world’s leading private equity investors in corporate restructurings, and Housing Development Finance Corporation Limited (“HDFC”), India’s largest mortgage finance institution, have teamed up to invest in Indian corporate turnarounds and restructurings. WL Ross has globally sponsored investments exceeding $4.5 billion (about Rs. 20,000 crores) across a variety of investing strategies, including private equity, capital structure arbitrage, fixed-income, real estate and corporate governance strategies.
W L Ross has raised an India dedicated fund for investing into special situation, turnaround and restructuring opportunities. The fund has successfully completed the buy-out of India ’s second largest worsted wool fabric manufacturer (OCM India Limited) and is at an advanced stage of negotiations with a number of companies, across a range of sectors, for potential investments.
W L Ross is now seeking to augment its team with the inclusion of an Associate/ Senior Associate at its Indian operations based out of Mumbai.
The ideal candidate should be an MBA with 2-3 years of excellent track record in private equity/investment banking/M&A/equity research. Expertise in financial modeling, valuation, strong analytical skills and framework for industry analysis are a must. Knowledge of the corporate sector in India and displayed skills in investment decision making would be an advantage.
Interested candidates are requested to send their resumes to ageorge@wlross. com along with a covering letter justifying their intent to be part of the WL Ross team.
