General Atlantic names Alok Misra as vice-president of its Resources Group

NEW DELHI: General Atlantic has named former WNS Group chief financial officerAlok Misra as senior vice-president of its Resources Group, the global private equitymajor announced on Monday. 

Misra, who will be based in Mumbai, will provide financial expertise and strategic counsel to General Atlantic's investment teams and its portfolio companies. Prior to joining WNS, he was the group chief financial officer at Jerry Rao-promoted information technology services provider, Mphasis BFL. 

"We are extremely pleased to have Alok join our team in this senior role to help our professionals' diligence potential portfolio companies as well as support existing portfolios in their growth,"" said Sandeep Naik, managing director and head, General Atlantic India. 

The PE behemoth's Resources Group comprises of a number of experienced industry professionals, who provide expertise to its investment teams and portfolio companies across a number of areas , including 
finance, technology, operations, marketing and human capital management. 

""As the first member of the General Atlantic Resources Group in India, Alok brings extensive public company financial experience that will be invaluable in supporting our Mumbai office"" said Cory Eaves, managing director and head of General Atlantic's Resource Group. 

This will be the second major appointment made by the Greenwich, Connecticut-based global private equity firm over the course of the last 12 months. In December last year, General Atlantic appointed ex-Apax Partners India co-head Sandeep Naik to lead its investment operations in the country. 

Since opening its investment advisory office in Mumbai in 2002, General Atlantic has reportedly invested about $1.2 billion in Indian companies across sectors, including its most recent partnership with Fourcee, a logistics company, and 
IndusInd BankBSE 2.87 %, a leading bank and financial services provider. 

Other current and prior portfolio companies include 
Genpact, Mu Sigma, National Stock Exchange (NSE), InfoTech, IBS Software Services, Jubilant, and Patni. 

Founded in 1980, General Atlantic manages assets of about $18 billion globally, which includes total committed capital as well as portfolio 
investments, and invests between $1 billion and $2 billion per year in growth companies.