Mumbai/Singapore, November 27, 2019 – The Everstone Group, India and South East Asia’s premier Private Equity and Real Estate investor, has named Alok Oberoi as Executive Chairman effective January 1, 2020.
Alok spent over 14 years at Goldman Sachs where he was named as a General Partner in 1996. Amongst many businesses, Alok led Goldman Sachs’ Wealth Management business in Asia and subsequently also ran it Internationally. Post Goldman Sachs, Alok was the Co-Founder and Chairman of ACPI, a multi-family office and wealth management business based in London which he has since exited. Alok has also been a shareholder of Everstone since its inception and has served as a Director as well as an active member of its various Investment Committees. Alok has a Master’s degree in Business Administration as well as a Bachelor’s degree from Cornell University.
In his new role as Executive Chairman, Alok will work very closely with Sameer Sain, Co-Founder & CEO of The Everstone Group. He will drive the Group’s overall strategy and governance as well as bring his vast network and investment experience to bear on investments and exits across asset classes and geographies. He will continue to serve on the investment committees and in order to fulfil his new role and responsibilities, he will also relocate to Singapore.
Commenting on the appointment, Sameer Sain, Co-Founder & CEO, The Everstone Group said: “On behalf of my Co-Founder Atul Kapur and the partners of Everstone, I am delighted that Alok is transitioning from a non-executive to a full-time executive and leadership role. I have had the privilege of knowing him and working with him at Goldman Sachs as well as Everstone for over 25 years. We are proud to have him as our Executive Chairman and look forward to a great journey ahead.”
Alok Oberoi, Executive Chairman, The Everstone Group added: “I have been actively associated with Everstone since it’s very inception and so this new role seems like a natural progression. I am excited to work with Sameer, Atul and the rest of my Everstone family and look forward to building on the exceptional business they have already created.”
About Everstone Group
Everstone is a premier investment group focused on India and South East Asia, with assets in excess of US$5 billion across private equity, real estate, green infrastructure and venture capital. Everstone has a significant resource base across its seven offices in Singapore, India (Mumbai, Delhi, Bangalore), Mauritius, London and New York, comprising best-of-breed investing, operations and strategic resources with significant experience and skills. For more information, visit www.everstonecapital.com