Ask Group plans to raise $1bn from overseas markets

PTI Updated - January 22, 2018 at 11:36 PM.

Financial services firm Ask Group today said it is expanding its global presence and plans to raise $1 billion (about Rs 6,500 crore) from the offshore market in the next three years.

To support this growth, Ask Group has appointed Evan Gallagher as Chief Executive Officer and Executive Director of Ask Capital Management, a Singapore based subsidiary of Ask Group.

“Ask Group’s vision for the next 3 years is to raise $1 billion from offshore markets across asset classes and Evan’s prior experience and expertise perfectly suits our ambitions.

“We are confident that offshore institutional investors will appreciate the India investment opportunity available through a renowned and trustworthy partner like Ask,” Ask Group Managing Director and Chief Executive Officer Sunil Rohokale 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.

Prior to joining Ask Group, Gallagher was the CEO of IDFC Capital (Singapore).

Published on October 14, 2015 10:56