Financial services group Centrum will be appointing Shujaat Khan as MD and head of the multi-strategy alternate asset business. Khan will be responsible for leading the alternate asset businesses, formulating strategy, governance, fund-raising and investment decisions.

Khan has more than 17 years of investing experience in India, as co-founder and MD of Blue River Capital and General Partner of ChrysCapital. Centrum currently manages a long only public equity fund, and co-manages real-estate funds along with India Property Advisors Ltd. It recently launched a private equity fund, Kalpavriksh, focussed on SME companies in consumer, healthcare and technology-enabled business services. A distressed debt fund is also being launched in partnership with a team with extensive experience in the field.

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