New Silk Route
Encyclopedia
History and leadership
NSR was initially named Taj Capital. Its founding team included, at various points:- Rajat GuptaRajat GuptaRajat Kumar Gupta was the managing director of management consultancy McKinsey & Company from 1994 to 2003 and a business leader in India and the United States...
, former managing partner at McKinsey & CompanyMcKinsey & CompanyMcKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions... - Parag SaxenaParag SaxenaParag Saxena is the Founding General Partner and CEO of New Silk Route. Other NSR partners include Rajat Gupta, Victor Menezes and formerly Hafeez Shaikh-Education:...
, former managing partner of Invesco Capital and Vedanta Capital - Victor MenezesVictor MenezesVictor J. Menezes is an engineer and banker, who acts as a top official in international financial organizations.-Early life:...
, former vice chairman of CitigroupCitigroupCitigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate... - Anil KumarAnil KumarAnil Kumar is a male discus thrower from India. His personal best throw is 64.37 metres, achieved in July 2007 in Szombathely....
, former senior partner at McKinsey & CompanyMcKinsey & CompanyMcKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions... - Raj RajaratnamRaj RajaratnamRaj Rajaratnam is an American former hedge fund manager and founder of the Galleon Group, a New York-based hedge fund management firm. On October 16, 2009, he was arrested by the FBI on allegations of insider trading, which also caused the Galleon Group to close. He stood trial in U.S. v...
, former managing partner of the Galleon GroupGalleon GroupGalleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. The firm was at the center of a 2009 insider trading scandal that resulted in investors pulling capital from the firm rapidly... - Abdul Hafeez ShaikhAbdul Hafeez ShaikhAbdul Hafeez Shaikh is a Pakistani economist and a politician from Sindh province, Pakistan. Dr. Shaikh is the current Finance Minister in the Cabinet of Pakistan. Dr. Shaikh was elected as a Member of the Senate from the Pakistan Peoples Party platform....
, current finance minister of PakistanPakistanPakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan... - Mark Schwartz, former chairman of Goldman SachsGoldman SachsThe Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
Asia and CEO of Soros Fund ManagementSoros Fund ManagementSoros Fund Management LLC is an American, privately held, hedge fund management firm founded in 1969 by George Soros. In 2010 it was reported to be one of the most profitable firms in the hedge fund industry, averaging a 20% annual rate of return over four decades.-Overview:Soros Fund Management...
Messrs. Kumar, Rajaratnam, and Schwartz resigned as founding partners before the firm began operation.
The firm enjoyed close relationships with Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
and the Galleon Group
Galleon Group
Galleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. The firm was at the center of a 2009 insider trading scandal that resulted in investors pulling capital from the firm rapidly...
: "A month before joining Goldman’s board, Rajat Gupta began marketing a $2 billion hybrid private-equity and hedge fund vehicle called Taj Capital Partners with one of Goldman’s biggest hedge fund clients, Raj Rajaratnam."
Messrs. Gupta, Kumar, Menezes, Rajaratnam, and Saxena have all, at various points, been target of or found guilty in U.S. criminal or civil law enforcement investigations.
Investments
In 2010 NSR invested in Café Coffee DayCafe Coffee Day
Café Coffee Day is a division of India's largest coffee conglomerate, Amalgamated Bean Coffee Trading Company Ltd. . ABCTCL grows coffee in its own estates of 10,000 acres . The land value of the plantations is US$250–300 million. It is the largest producer of Arabica beans in Asia...
.
In 2010 NSR made an investment in Nectar Lifesciences
Nectar Lifesciences
Nectar Lifesciences Limited is an integrated pharmaceutical company in India that manufactures high quality generic products for EU and USA. The company is the largest manufacturer of Cefuroxime Axetil API and Cefixime API in the world and manufactures 25% of menthol of the world.-History:The...