Former Temasek executive appointed to lead Motilal Oswal Alternates
Indian financial services group Motilal Oswal has appointed former Temasek India co-head Padmanabh Sinha to lead its alternative investment business as the firm expands across private equity, real estate and private credit, according to a report by Bloomberg.
Motilal Oswal, a prominent Indian financial services group, has announced the appointment of Padmanabh Sinha as the new leader of its alternative investment business, Motilal Oswal Alternates. This move comes as the firm seeks to expand its presence across private equity, real estate, and private credit sectors. According to Bloomberg, Sinha will take charge of the $3.5bn asset management venture, which he will steer after a distinguished career at Temasek, India's National Investment and Infrastructure Fund (NIIF), and Tata Opportunities Fund.
Sinha's most recent role was as executive director and chief investment officer at NIIF until April 2025, during which he played a pivotal part in establishing an independent private equity fund. The appointment of Sinha is a strategic response to Motilal Oswal Alternates' ongoing fundraising and diversification efforts. In February, the firm successfully closed its largest private equity fund, amassing $938m in investments from international investors for the first time.
Moreover, Motilal Oswal Alternates recently ventured into the private credit market, aiming to secure commitments exceeding $300m. This major leadership change occurs amidst a burgeoning growth phase in India's alternative investment industry, fueled by growing allocations from domestic institutions and affluent investors. Other notable firms, including Kotak Alternate Asset Managers and 360 ONE, have also bolstered their senior leadership teams in a bid to compete for private markets capital in a highly competitive landscape.
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