GenNx360 Capital Partners, L.P. Announces GenNx360 India Advisors Private Limited
Portfolio Company News - January 25, 2012
GenNx360 Capital Partners (GenNx360) announced today the formation of GenNx360 India Advisors Private Limited. The new company will operate out of two offices located in Gurgaon and Bangalore, India. In addition to keeping GenNx360's hand on the pulse of the global economy, this strategic move provides the firm with a partner in both India and Asia.
"This relationship in India is the next logical step in our growth strategy of building a world-class, global organization," said Jim Shepard, Managing Partner. "India has become one of the most vibrant and important finance and services hubs in the world. Our goal is to take advantage of the rich talent base in both financial and operating skills in India.".
GenNx360 launched in 2006, and during GenNx360's accelerated build-out of its team, individuals employed by GenNx360 India Advisors Private Limited supported GenNx360, providing it access to exceptional talent and adding both flexibility and speed allowing the organization to be formed in record time. Now, with the advent of the formation of GenNx360 India Advisors Private Limited, it seeks to support GenNx360 on its multi fund initiatives, evaluating global investment opportunities, driving value creation at its portfolio companies, creating value for its investors and implementing best-in-class practices across all internal processes.
"These are dynamic times and there is tremendous potential for India to be the next gateway to Asia and the world," said Art Harper, Managing Partner.