Subscribe for perks & to support LI

Your Interests & Preferences: Personalise your reading

Which best describes your role and/or interests?

I work in a law firm
I work for a company / in-house
I'm a litigator at the bar
I'm a law student
Aspiring law student
Other
Save setting
Or click here to show more preferences...

I am interested in the following types of stories (uncheck to hide from frontpage)

Firms / In-House
Deals
Courts
Legal Education

Always show me: (overrides the above)

Exclusives & Editor's Picks

Website Look & Feel

Light Text on Dark Background

Save preferences


Note: Your preferences will be saved in your browser. You can always change your settings by clicking the Your Preferences button at the top of every page.

Reset preferences to defaults?
This article, like many others, was first published exclusively for subscribers, 12 hours before everyone else got to read it.

If you'd like several goodies and first access to stories like these in future, subscribe instantly here

Altico general counsel Mrinal Chandran to join Bain-Piramal Distressed Fund JV

Mrinal Chandran to join India Resurgent Fund (IRF)Mrinal Chandran to join India Resurgent Fund (IRF)

Altico Capital managing director, head of structuring and general counsel (GC) Mrinal Chandran, who was part of the founding team of the fund, will join Bain Capital and Piramal Enterprises joint venture India Resurgent Fund (IRF) as GC some time next month.

He will move from the non-banking financial company (NBFC) Altico to the Bain-Piramal JV, which was founded last year with reportedly and expectedly a $1bn kitty to invest in Indian distressed assets.

It is understood that he will be the first in a GC role at the fund.

We have reached out to Chandran but have not received a comment in response.

Chandran is a 2000 NLSIU Bangalore graduate who had been with Altico since 2007, when it was still called Clearwater Capital Partners.

Before that, he was a corporate and private equity lawyer at erstwhile Amarchand Mangaldas and DSK Legal. In 2005 he completed an LLM in banking and finance law from Boston University’s School of Law, and in 2015-16, he completed Harvard Business School’s program for leadership and development.

Chandran is also independent director of the VW Group’s non-banking financial company, Volkswagen Finance Private Limited.

The Altico Capital legal team also includes former Phoenix Legal partner Kartikeya Singh, who had moved to Bank of America Merrill Lynch as assistant general counsel (GC) in 2015, joining Altico in 2016 as senior vice president legal, which is now an executive director position.

Click to show 11 comments
at your own risk
(alt+shift+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.
refresh Filter out low-rated comments. Show all comments. Sort chronologically
1
Show?
Like +2 Object -0 Guest 14 Jun 18, 09:46
Congratulations and best of luck! VGJ
Reply Report to LI
2
Show?
Like +0 Object -0 Guest 14 Jun 18, 12:21
How big is the legal team at Altico?
Reply Report to LI
2.1
Show?
Like +1 Object -0 Huge 14 Jun 18, 14:34
Huge.
Reply Report to LI
3
Show?
Like +1 Object -0 CuriousGirl 14 Jun 18, 14:11
Is he taking the others from Altico legal team (Pramit, Prateek, Megha, etc) with him?
Reply Report to LI
3.1
Show?
Like +0 Object -0 CuriousCat 14 Jun 18, 16:40
No, i dont think so.
Reply Report to LI
3.2
Show?
Like +2 Object -2 PM for President 15 Jun 18, 09:54
Pramit maybe his best bet though.
Reply Report to LI
3.2.1
Show?
Like +0 Object -0 Anonnn 13 Jul 18, 13:05
best bet as in likely to quit? or best bet as good resource to take?
Reply Report to LI
4
Show?
Like +3 Object -1 Lexpert 14 Jun 18, 15:28
Best wishes, Mrinal! Great show over the last decade or so.. And congrats to Kartikeya for taking over at Altico!!
Reply Report to LI
5
Show?
Like +3 Object -0 Guest 15 Jun 18, 19:05
Congratulations Mirnal
Reply Report to LI
6
Show?
Like +1 Object -0 best wishes 17 Jun 18, 19:57
good luck mrinal your future team will have a decent boss
Reply Report to LI
7
Show?
Like +0 Object -0 Guest 02 Jul 18, 01:25
A brilliant guy to work with and against! Congratulations
Reply Report to LI


Latest comments