People Digest: Deutsche MD joins Tata Realty; RTP hires Sistema exec; Edelweiss’ Cidambi joins Machani 

Photo: Reuters

Sanjay S Sharma of Deutsche Equities India has joined Tata Realty and Infrastructure Ltd while Kirill Kozhevnikov, who previously launched and managed Sistema Asia Fund, has joined as partner at RTP Global to manage its India investments. In another development, Sumanth Cidambi of Edelweiss Alternative Asset Advisors Ltd has joined as director at Machani Group.

Deutsche Equities MD joins Tata Realty

Sanjay S Sharma, who resigned as managing director and head of capital markets at Deutsche Equities India earlier this year, has joined Tata Realty and Infrastructure Ltd as its chief financial officer, according to Tata Realty’s website.

At Deutsche Bank, he was Managing Director, Head of Equity Capital Markets and was responsible for origination, structuring and execution of all equity raising for Indian corporates both on local and international stock markets.

He has over 26 years of investment banking experience and has served stints at DSP Merrill Lynch Ltd in Mumbai and Merrill Lynch Asia Pacific in Hong Kong.

Kozhevnikov of Sistema Asia joins RTP Global

Kirill Kozhevnikov, who previously launched and managed Sistema Asia Fund, a venture vehicle of the Russian Sistema conglomerate, has joined as partner at RTP Global to focus on India investments.

The firm said, it plans to invest a significant portion of its new global $200-million fund into early and mid stage opportunities in India. In his new role, Kozhevnikov will be responsible for early and mid-stage investments in India.

Edelweiss exec joins Machani Group

Sumanth Cidambi, CEO for the operations turnaround vertical within Edelweiss’ Distressed Asset Resolution Business, has joined as director for business strategy at Machani Group, according to his LinkedIn profile.

Cidambi joined Edelweiss in May 2016 and reported to Edelweiss ARC managing director Siby Antony. At the firm, he assisted poorly performing companies in turning around their business operations and improve their cash flows and profitability, the profile said.

Machani Group has diverse interests in manufacturing, engineering, transport, agriculture, auto dealerships, IT, energy, rural BPO, retail brands and real estate.