In a bid to expand its business in India, Altamount Capital Management has opened its third office, in Bengaluru, catering to ultra-wealthy families in the local region.

Date: Nov 4, 2011

Tags: Altamount Capital, India, Family offices

In a bid to expand its business in India, Altamount Capital Management has opened its third office, in Bengaluru, catering to ultra-wealthy families in the local region.

At the same time, the firm has appointed Murlidhara Kadaba as non-executive chairman from his role as senior managing director, guiding the firm on strategy and business development.

"While the focus of business families is to build and grow their businesses, a dedicated effort and approach is needed to preserve and grow their wealth,” said Kadaba.
 
The new office in Bengaluru will offer holistic family office services including legacy planning, philanthropy consulting, family corporate governance, private investment opportunities for direct private investments, direct real estate, cross-border opportunities and financing.