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Business Standard Interview with Renuka Ramnath

As part of its "Lunch with BS" series, Business Standard has an interview with Renuka Ramnath of Multiples Alternate Asset Management. ...ICICI Venture was also a trendsetter under Ramnath who invested in emerging sectors such as retail, biotech, media and aviation much ahead of others and pushed the firm from just venture funding to late-stage investing and even buyouts. She was also credited with creating a highly-successful structured finance portfolio that, within two years of its existence, contributed more than 40 per cent of ICICI’s incremental assets. ..Ramnath says Multiples will be sector-agnostic and make investments in Indian companies, management-led buyouts and spin-offs of divisions from large Indian groups — something she did at ICICI Ventures with great success. ...Her expectations about her own skills have, however, toned down a bit. At ICICI Ventures, she was known to give her investors outsized returns — the India Advantage Fund realised an internal rate ...