Swiss investment group Woodman Asset Management and Sanaka Capital Partners have partnered for an Asia and India linked Private Investment Platform.
Woodman has made a $100m commitment to Sanaka Capital and have also taken a minority interest in the General Partner.
Sanaka Capital will focus on identifying, building, operating and managing portfolios of companies across industry sectors through both control and minority investments. Shankar Narayanan, the founder, brings 25 years of Private Equity experience to Sanaka Capital Partners, most recently as co-head, Carlyle Asia Growth Partners (Carlyle’s mid-market Buyout and Growth Capital Business) & head – India (CAGP).
Previously, Narayanan has provided governance and strategy guidance through leadership positions and active board memberships. He has also delivered successful exits through sales to strategic, public markets and peer sales. Sanaka Capital Partners will make use of his expertise and experience to focus on alternate investments; including in India and those with India linkages.
Daniel Aaxman, chief executive officer and founder of Woodman said: “This partnership will benefit our existing and future clients, who will have access to a first class private equity team with an unrivalled track record.”