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Diversified financial services firm ASK Group, which has about $3 billion of funds under management and advisory, is planning to raise about $1 billion from the offshore market in the next three years.
To support this, ASK Group has appointed Evan Gallagher as CEO and Executive Director of its Singapore-based subsidiary, ASK Capital Management Pvt Ltd, the company said in a statement.
In his new role, Gallagher will lead the international capital markets approach for ASK Group’s listed equity, real estate investments and private equity businesses.
“ASK Group’s vision for the next three years is to raise $1 billion from offshore market across asset classes and Evan’s prior experience and expertise perfectly suits our ambitions. ASK Group has emerged as a leader in the listed equity and real estate investment businesses given our performance and strong growth,” said ASK Group MD & CEO Sunil Rohokale.
“We are confident that offshore institutional investors will appreciate the India investment opportunity available through a renowned and trustworthy partner like ASK,” he added.
At ASK Capital Management, Gallagher will explore strategies and offerings for the regions, including Europe, Asia, Gulf Cooperation Council countries and Africa.
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