GIP's India Partner Aditya Aggarwal steps down
Aggarwal who leads India investments at global infrastructure fund -Global Infrastructure Partners (GIP), has stepped down. He has put in his papers this week and details about his future plans are not yet known, said sources.
Based in Singapore, Aggarwal leads GIP India’s investments in Power, Renewables and Waste/Water sectors.
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Offering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Strategic Management ProgrammeVisitIndian School of BusinessISB Chief Digital OfficerVisitUniversity of Western AustraliaUWA Global MBAVisitIndian School of BusinessISB Chief Technology OfficerVisitWhen contacted, Aditya Aggarwal declined to comment, while mail sent to GIP did not elicit any response.
Prior to GIP India, he was a Partner at IDFC Alternatives, and a senior member of the core investment team that set up IDFC’s infrastructure funds business. He was involved in raising two India dedicated infrastructure equity funds of around $1 billion each in 2008 and 2014.
Prior to IDFC, Aggarwal worked with Standard Chartered Bank and Power Finance Corporation.
Aggarwal holds an MBA from the Indian Institute of Management, Calcutta, and a Bachelors of Commerce Degree from Delhi University. Aggarwal is also a Certified Treasury Manager from the Institute of Chartered Financial Analysts of India.
GIP is one of the world’s largest infrastructure focused investors that manages over $100 billion of assets. GIP entered India in 2018 by acquiring infrastructure asset management business from IDFC Alternatives Ltd.
In 2021, GIP had sold Highway Concessions One (HC1), its India road platform consisting of seven highway assets with a total length of 487 kms, to global PE fund KKR
