Radhika Gupta has assumed the role of CEO at Edelweiss AMC from February 1.
Vikaas Sachdeva, who Radhika replaces, has decided to move on to pursue other interests. Radhika was earlier heading alternate investment firm Edelweiss Multi Strategy Funds Management (EMSFM) which is a part of Edelweiss’s $ 7.5 billion Global Asset Management business.
At EMSFM, Radhika was responsible for setting the strategic direction, overseeing investments, sales and distribution, and is credited with growing the business over 10 times in just over 2.5 years. Prior to joining Edelweiss in 2014, she was a Portfolio Manager with the US based AQR Capital Management, now a $170 billion dollar asset manager, and a consultant with McKinsey & Company. She subsequently co-founded Forefront Capital Management, a boutique PMS and AIF manager, which was acquired by Edelweiss in 2014.
Radhika is a graduate of the Jerome Fisher Program in Management and Technology from the University of Pennsylvania, receiving joint degrees in Economics from the Wharton School and Computer Science Engineering from the Moore School.
Edelweiss AMC has acquired the schemes of JP Morgan AMC which added over Rs. 5,000 crore to its kitty. The fund house currently manages assets worth Rs. 6,826 crore.
