Signature partners with Apache Advisors
Dubai, September 18, 2010
Signature Group, a specialist alternative asset management firm with focus on India, the GCC and Africa, said it has signed up Dubai-based Apache Advisors to provide strategic inputs to its global distribution and product structuring strategies.
A pioneer in structuring innovative transactions with more than $1 billion of assets under management, Signature Group focuses on emerging markets.
The priority sectors are infrastructure, logistics, real estate, energy, media and entertainment, education, healthcare, food and agriculture, said a top official.
As part of the deal, Paul Forsyth, the co-founder of Apache Advisors, will become a non-executive director of the Signature Group, which has investment professionals based in its office in Dubai, UAE and Indian cities of Delhi, Mumbai.
Commenting on the partnership, Pankaj Agrawal, chairman of Signature Group said “We are continuing to strengthen our senior management team to enable us to develop finest investment solutions for our clients and prospective investors. The skills and experience of Forsyth will be a valuable asset as our group develops and expands internationally.”
'Our investors lie at the heart of our business. We believe that we understand their needs and priorities but our industry is a dynamic and competitive one. We need to be at the forefront of new ideas to retain and develop our competitive edge,' Agrawal noted.
Forsyth said, “Signature is a business that I have always held in highest regard and one which has been successful through relationships it has built and the innovative products that it has developed. I look forward to contributing to further success in the future.”-TradeArabia News Service