About us

Who we are

IFMR Investment Managers Private Limited (“IFMR Investment Managers”) is a part of the IFMR Trust group, a mission driven organisation that works to ensure that every individual and every enterprise has complete access to financial services. IFMR Investment Managers’ objective is to provide high quality investment management services in asset classes that impact the financially excluded.

IFMR Investment Managers has been appointed as the Investment Manager to the IFMR Finance for Freedom Social Venture Fund that is registered the Securities and Exchange Board of India as an Alternative Investment Fund (Category I, Social Venture Fund) under the Securities and Exchange Board of India (Alternative Investment Funds) Regulations), 2012. It is the first AMC in India to have fund management quality rating of ‘AMC2’ from ICRA Limited in the Alternative Investment Funds industry.

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Our Promoter

IFMR Trust

IFMR Trust is a Private Trust set up with a mission to ensure that every individual and every enterprise has complete access to financial services. In addition, IFMR Trust has invested in the following companies, all of which work in the financial inclusion space in India, spanning wholesale and retail finance to the sector. These are:

IFMR Holdings

IFMR Holdings Private Limited is operating multiple for-profit, commercial, operating companies, which have significantly scalable business models and furthers IFMR Trust’s mission of financial inclusion. IFMR Trust is the controlling shareholder in IFMR Holdings. IFMR Holdings provide strategic direction to underlying investee companies namely IFMR Capital and IFMR Rural Channels.

IFMR Capital

IFMR Holdings is the majority shareholder in IFMR Capital. It works towards the creation of a stable and inclusive financial system in India. IFMR Capital connects high quality Microfinance Institutions (MFIs) and institutions lending to Small & Medium Enterprises (SMEs) and small farmers with investors in existing and emerging debt capital markets.

IFMR Rural Channels

IFMR Rural Channels is in the process of deploying the Kshetriya Gramin Financial Services (KGFS), a new model of providing a suite of financial products to remote rural households. It’s mission is to maximise the financial wellbeing of every individual and every enterprise by providing complete access to financial services in remote rural India.

IFMR Investment Adviser

IFMR Investment Adviser Services Private Limited (“IFMR Investment Adviser”) is a part of the IFMR Trust group, a mission driven organisation that works to ensure that every individual and every enterprise has complete access to financial services. IFMR Investment Adviser’s objective is to provide high quality non-binding investment advice and recommendations to the Investment Manager in asset classes that impact the financially excluded, such that we assist the investment managers to achieve desired investor outcomes.

IFMR Finance Foundation

IFMR Finance Foundation is a not-for-profit company promoted by IFMR Trust. Our mission is to ensure that every individual and every enterprise has complete access to financial services. We strongly believe in the deep transformational power of finance in unlocking the potential of individuals, households, enterprises, and local governments.

IFMR Rural Finance

High quality delivery of financial services requires delivering them in a convenient, flexible, reliable and continuous manner. IFMR Rural Finance therefore has been set up by IFMR Trust with a mandate to design a model that can withstand scrutiny on the aforementioned essential parameters and thus pave the way towards complete financial inclusion in rural remote India.

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Board of Directors

Puneet Gupta, Chairperson, IFMR Investment Managers

Puneet is currently a Trustee at IFMR Trust, and has been a part of the IFMR Trust Executive Group since 2008. He represents the Trust as a promoter director on the board of several group companies and also serves on the board of IIT Madras’ Rural Technology Business Incubator.

He began his formal career with ICICI Bank where he worked for a period of 7 years in various roles including coordinating the work of the micro finance practice at ICICI Bank. His responsibilities at ICICI Bank included identification and development of new channels and products for reaching out micro financial and rural financial services. He has worked extensively towards the creation of facilitative infrastructure for the delivery of micro financial services. In addition he has worked with microfinance related equity funds to help them raise capital. Puneet has significant experience of working closely with NGO, academics, State Governments and donor agencies.

He is a commerce graduate with a Master’s degree in Rural Management from Institute of Rural Management Anand.

Sucharita Mukherjee, CEO, IFMR Holdings

Sucharita Mukherjee is currently the CEO of IFMR Holdings, is a Trustee and Vice Chair of IFMR Trust, and has been a part of the IFMR Trust Executive Group since 2008. She is a director on the board of all IFMR Trust group companies and was the founding CEO of IFMR Capital, from its inception till 2012. She has recently been appointed as a member of the India Advisory Committee to the UNEP Inquiry into a Sustainable Financial System.

Previously, Sucharita led the origination and structuring effort in credit derivatives and structured finance for corporates at Morgan Stanley in London where her work included developing innovative asset-backed financing structures in areas such as intellectual property and health-care receivables. She was also part of the credit derivatives team at Deutsche Bank in London, structuring credit-derivatives-linked repackaged investments for financial institutions. She graduated with an MBA from IIM, Ahmedabad, and has a bachelor’s degree in Economics from Delhi University

Dr. Kshama Fernandes, CEO, IFMR Capital

Kshama has extensive experience across financial advisory, consulting, and academia. Prior to joining IFMR Capital, she was Professor & Head of Finance at Goa Institute of Management. She has worked on consulting assignments for the World Bank, the Chicago Mercantile Exchange, Ministry of Finance, Government of India, and NSEIT. She was a core committee member of the Percy Mistry Committee on Making Mumbai an International Financial Centre and also developed the SEBI mandated certification programme for derivatives for the National Stock Exchange (NSE) and NCDEX.

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Anand Sahasranaman

Anand is currently the Executive Director of the IFMR Finance Foundation and has been a member of the IFMR Trust Executive Group since 2013. Anand specialises on issues of financial system design such as customer protection, institutional design of the financial system, and sustainable financing for cities.

He previously worked on the structured credit desk at Broadstreet Group, a New York-based hedge fund. His writing has been published in Economic and Political Weekly, Environment and Urbanisation Asia, and Urban India, and he has published work on banking in India, mobilising capital in emerging markets, and urbanisation. He graduated with an MBA from Carnegie Mellon University and has a bachelor’s degree in Engineering.

Chaitanya Pande, Founder, Polymath Capital Advisors

Chaitanya Pande has over 18 years of experience in Investment management with specialization in Fixed Income and Structured Products as well as valuation and portfolio risk management. A mathematics graduate from St Stephens, Chaitanya after completing a Post Graduate diploma in Finance & Corporate Strategy from IMI Delhi, started his career with Jardine Fleming before joining ICICI Prudential AMC. After an award winning stint of 10 years, as CIO & Head of Fixed Income, Chaitanya decided to set up Polymath Capital.

His efficiency in fund management also won him the title of India’s Most Astute Bond Investor by Asset Magazine for the year 2007 and the coveted Business Standard Fund Manager of the Year (Debt) – 2011 in addition to several other fund awards.

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Audit Committee

Puneet Gupta, Chairperson, IFMR Investment Managers

Puneet is currently a Trustee at IFMR Trust, and has been a part of the IFMR Trust Executive Group since 2008. He represents the Trust as a promoter director on the board of several group companies and also serves on the board of IIT Madras’ Rural Technology Business Incubator.

He began his formal career with ICICI Bank where he worked for a period of 7 years in various roles including coordinating the work of the micro finance practice at ICICI Bank. His responsibilities at ICICI Bank included identification and development of new channels and products for reaching out micro financial and rural financial services. He has worked extensively towards the creation of facilitative infrastructure for the delivery of micro financial services. In addition he has worked with microfinance related equity funds to help them raise capital. Puneet has significant experience of working closely with NGO, academics, State Governments and donor agencies.

He is a commerce graduate with a Master’s degree in Rural Management from Institute of Rural Management Anand.

Chaitanya Pande, Founder, Polymath Capital Advisors

Chaitanya Pande has over 18 years of experience in Investment management with specialization in Fixed Income and Structured Products as well as valuation and portfolio risk management. A mathematics graduate from St Stephens, Chaitanya after completing a Post Graduate diploma in Finance & Corporate Strategy from IMI Delhi, started his career with Jardine Fleming before joining ICICI Prudential AMC. After an award winning stint of 10 years, as CIO & Head of Fixed Income, Chaitanya decided to set up Polymath Capital.

His efficiency in fund management also won him the title of India’s Most Astute Bond Investor by Asset Magazine for the year 2007 and the coveted Business Standard Fund Manager of the Year (Debt) – 2011 in addition to several other fund awards.

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Investment Committee

Sucharita Mukherjee, CEO, IFMR Holdings

Sucharita Mukherjee is currently the CEO of IFMR Holdings, is a Trustee and Vice Chair of IFMR Trust, and has been a part of the IFMR Trust Executive Group since 2008. She is a director on the board of all IFMR Trust group companies and was the founding CEO of IFMR Capital, from its inception till 2012. She has recently been appointed as a member of the India Advisory Committee to the UNEP Inquiry into a Sustainable Financial System.

Previously, Sucharita led the origination and structuring effort in credit derivatives and structured finance for corporates at Morgan Stanley in London where her work included developing innovative asset-backed financing structures in areas such as intellectual property and health-care receivables. She was also part of the credit derivatives team at Deutsche Bank in London, structuring credit-derivatives-linked repackaged investments for financial institutions. She graduated with an MBA from IIM, Ahmedabad, and has a bachelor’s degree in Economics from Delhi University

Dr. Kshama Fernandes, CEO, IFMR Capital

Kshama has extensive experience across financial advisory, consulting, and academia. Prior to joining IFMR Capital, she was Professor & Head of Finance at Goa Institute of Management. She has worked on consulting assignments for the World Bank, the Chicago Mercantile Exchange, Ministry of Finance, Government of India, and NSEIT. She was a core committee member of the Percy Mistry Committee on Making Mumbai an International Financial Centre and also developed the SEBI mandated certification programme for derivatives for the National Stock Exchange (NSE) and NCDEX.

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Valuation Committee

Sucharita Mukherjee, CEO, IFMR Holdings

Sucharita Mukherjee is currently the CEO of IFMR Holdings, is a Trustee and Vice Chair of IFMR Trust, and has been a part of the IFMR Trust Executive Group since 2008. She is a director on the board of all IFMR Trust group companies and was the founding CEO of IFMR Capital, from its inception till 2012. She has recently been appointed as a member of the India Advisory Committee to the UNEP Inquiry into a Sustainable Financial System.

Previously, Sucharita led the origination and structuring effort in credit derivatives and structured finance for corporates at Morgan Stanley in London where her work included developing innovative asset-backed financing structures in areas such as intellectual property and health-care receivables. She was also part of the credit derivatives team at Deutsche Bank in London, structuring credit-derivatives-linked repackaged investments for financial institutions. She graduated with an MBA from IIM, Ahmedabad, and has a bachelor’s degree in Economics from Delhi University

Chaitanya Pande, Founder, Polymath Capital Advisors

Chaitanya Pande has over 18 years of experience in Investment management with specialization in Fixed Income and Structured Products as well as valuation and portfolio risk management. A mathematics graduate from St Stephens, Chaitanya after completing a Post Graduate diploma in Finance & Corporate Strategy from IMI Delhi, started his career with Jardine Fleming before joining ICICI Prudential AMC. After an award winning stint of 10 years, as CIO & Head of Fixed Income, Chaitanya decided to set up Polymath Capital.

His efficiency in fund management also won him the title of India’s Most Astute Bond Investor by Asset Magazine for the year 2007 and the coveted Business Standard Fund Manager of the Year (Debt) – 2011 in addition to several other fund awards.

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Annual Report & Audited Financials

To download the Interim Financial Statements as on September 30, 2014 click here

To download our Annual Report/Audited Financials (2013-14) click here

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Careers

We are looking to expand the team and are looking for mature, highly talented and motivated finance professionals. The compensation package would be among the best in the industry and will depend on the skills, aptitude and experience of the candidates.

If you are interested in exploring the opportunities available, please send us your CV along with a covering letter to career.investments@ifmr.co.in. Please note that only short-listed candidates will be contacted in due course.

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Contact

IFMR Investment Managers Private Limited
10th Floor-Phase 1, IIT-Madras Research Park,
Kanagam Village, Taramani
Chennai 600113
Tamil Nadu, India
Tel: +91 44 66687000
Fax: +91 44 66687010
Email: contact.investments@ifmr.co.in
Follow us at http://www.ifmr.co.in/blog

Corporate Identity Number: U74120TN2014PTC095064

Click here to view location on Google Maps.

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