New Silk Route Promotes Four Investment Professionals in Mumbai and New York

New Silk Route Promotes Four Investment Professionals in Mumbai and New York

Mumbai, April 1^st, 2010: New Silk Route, a leading growth capital firm with $1.4 billion in assets under management and dedicated to India, South Asia, Middle East and other emerging economies of Asia, announces promotions of team members working out of New York and Mumbai.

Commenting on the promotions, Mr. Parag Saxena, Founding General Partner and Chief Executive Officer, NSR said, “We have strengthened our worldwide team by promoting people who will help spearhead core opportunities in various important sectors. Each of them has been a key part to our success.”

Shantanu Nalavadi made Partner, NSR Advisors-Mumbai, India

Shantanu becomes Partner, NSR Advisors, India and becomes the fifth Partner on the Indian team .Shantanu has been associated with NSR since 2007. He plays a major role in focusing on private equity opportunities in the Indian subcontinent. .He brings with him a great deal of experience from various organizations like Walt Disney India, Star TV, ANZ Investment Bank. Shantanu is also a qualified Chartered Accountant from the Institute of Chartered Accountants. Harsha Misra promoted to Principal, NSR Partners, New York

Harsha who is based out of New York has been promoted to Principal. He focuses on investments in the telecom, education, and healthcare sectors among others. He holds an MBA (Honors) degree from Kellogg School of Management, Northwestern University. Harsha previously worked closely with the top management as an Engagement Manager at McKinsey & Company.

Nithin Kaimal promoted to Principal, NSR Advisors, Mumbai, India

Nithin is promoted to Principal at NSR-India office. Nithin has been associated with NSR since 2007 where he primarily focuses on private equity opportunities in the Indian sub-continent. He has a rich background of over five years with the McKinsey & Company, Mumbai. Along with being a qualified Chartered Accountant, he also holds an MBA degree from IIM Calcutta.

Rajan Singh made Vice-President to NSR Advisors, Mumbai, India

Rajan is promoted to Vice-President. Prior to joining NSR he was consultant with McKinsey & Company focusing on financial services and healthcare sectors. Rajan has also served as an officer with the Indian Police services where he has also served as Police Commissioner of Trivandrum City at the early age of 26. Rajan is a MBA graduate from the Wharton School.About New Silk Route:

New Silk Route is a leading Asia-focused growth capital firm founded in 2006 with $1.4 billion under management, focused on the Indian subcontinent, as well as other rapidly growing economies in Asia and the Middle East. The firm is led by Rajat Gupta, Victor Menezes and Parag Saxena, each of whom has a track record of building and leading global organizations.

New Silk Route invests across rapidly-emerging economies in Asia and the Middle East, in rapidly growing or transforming sectors. Areas of interest to NSR include infrastructure, telecommunications, manufacturing, IT, consumer services and financial services. The fund has made 12 investments since 2007 and is actively looking at deals ranging $50-100million in the next 8-12 months.

For additional in formation about the team, platform., deal opportunities or other matters please visit www.nsrpartners.com