Mr. Darius Pandole
Prior to Investment Manager, Mr Padole was a partner at New Silk Route Advisors (NSR) for close to 9 years. He was a member of the early team at NSR that managed the US$1.4 billion private equity fund. At NSR, Mr Pandole worked on a number of investments and divestments across sectors, including participating on the board of directors of investee companies. Prior to NSR, Mr Pandole worked at IDFC PE Ltd., which he joined in February 2003. He was the Executive Direcor, and later COO of this asset management company that managed the India Development Fund, an infrastructure focused private equity fund. The India Development Fund was the largest domestic private equity fund in India at that time and Mr Pandole was part of the start-up team responsible for raising and managing this fund. This fund had been amongst the best performing funds in India during this timeframe. In February 1999, Mr Pandole co-founded and served as managing director of IndAsia Fund Advisors Pvt. Ltd, the Indian advisor to the AMP-IndAsia India Fund – a private equity fund established in partnership with AMP of Australia.
Prior to this, in 1997, Mr Pandole joined the investment team at the IndOcean Fund, amongst the first private equity funds to be established in India. The IndOcean Fund was established in partnership with Chase Capital Partners and Soros Fund Management. Upon his return from the U.S in 1993, Mr Pandole managed the operations of his family owned soft drinks business, Duke and Sons Limited, which was a market leader in Westren India. He led the negotiations that culminated in a successful sale of the business to PepsiCo.
Mr Pandole serves as an associate direction on the board of JM Financial Asset Management Ltd. He has previously served as an independent director on the boards of Tata Global Beverages Ltd., Tata Global Beverages Group UK and NourishCo Beverages Ltd.
Mr Pandole was elected as a member of the Executive Committee of the Indian Venture Capital and Private Equity Association (VCA) for 2011 and 2012. He is frequent speaker at private equity industry forums in India.
Mr Pandole holds a degree in bachelors in Economics, graduating from Harvard University and an MBA from the University of Chicago.