Summary
Overview
Work History
Education
Skills
Timeline
Generic

Ramandeep Sassi

Mumbai

Summary

Experienced Chief Business Officer with a successful track record in fund raising and investor strategy at Welspun One. Deep expertise in the alternative assets space. Proficient in building fund raising mechanisms across wealth management, banking, and institutional channels, leading to successful results for stakeholders.

Overview

25
25
years of professional experience

Work History

Chief Business Officer

Welspun One Private Limited
10.2022 - Current
  • Funds Raised – 2300 cr.
  • Largest domestic capital fund raise in a development fund within record time of ~1 year for a niche asset class of a new AMC. The fund was raised by a 4 member team.

Executive Group VP

Motilal Oswal AMC Ltd
10.2020 - 09.2022

Funds Raised – 3000 cr.

  • National Sales Head - Wealth and Banking Channel - Managed a ~40 member sales and business development team.
  • Lead fund raising of 5 AIFs during my stint at MOAMC, EOP 2 (970 cr), GOP 2 (1000 cr), SOP 3 (350 cr), Mid to Mega (300 cr) and EOP 3 (350 cr) from third party channel partners.

Principal

IIFL Asset Management Company Limited
04.2017 - 09.2020
  • Funds Raised – 5000 cr.
  • Head - Business Development and Sales for West Zone.
  • Fund raised for Pre IPO AIF with a total commitments of 4000 cr through third party channel. Scaled hedge PMS strategy from 200 cr to an AUM of 2000 cr with West zone contributing 50% of the new AUM.
  • Won the Outstanding Sales Award consecutively for 2 years in a row and was elevated to the position of Principal (Executive VP).

Head of Products

Tata Capital - Wealth
07.2016 - 03.2017
  • Head of Products responsible for scouting financial products on Mutual fund, PMS and AIF platforms.

Associate Director (National Head)

Religare Global Asset Management
01.2014 - 06.2016
  • Funds Raised - 980 cr / 50 million USD
  • Raised 980 cr INR in domestic market (Religare Credit Opportunities Fund- 550, Debt PMS – 50, Cerestra Edu Infra Fund– 150, YourNest – 80, India Build Out Fund- 50, Structured Equity – 100) and 50 million USD (Client Equity) in offshore market.

Associate Vice President

Prime Broking Company India Limited
06.2011 - 12.2013


  • Funds Raised 250 cr INR in domestic and 100 million USD (Client Equity) in offshore market.


Channel Head

ICICI Prudential AMC Limited
06.2008 - 05.2011
  • Handled business development for key foreign and private banks increasing AMC's share to 20% of distributor's MOM sales and overall AUM.

Power Vantage Relationship Manager

HSBC Limited
06.2007 - 05.2008
  • Developed wealth relationships with new and existing clients managing investment portfolios through effective communication and exemplary interpersonal skills.
  • Was awarded the Heroes (Best Performer) award for Bandra Cluster for December 2007.

Technical Supervisor

Raymond Limited (Textiles Division)
11.2000 - 06.2005
  • As department in charge, I managed a team of 16 people across 3 shifts to ensure continuous production while maintaining highest quality levels.


Education

MBA - Dual Specialization (Marketing And Finance)

T A Pai Management Institute
Manipal, India
01-2007

Skills

  • Fund Raising and Business development
  • Product Experience - Listed Equity, Venture Fund, Pre IPO Fund, Structured Debt, Warehousing development Fund, Edu Infra Fund, Hedge Fund
  • Product ideation, structuring and positioning
  • Investor Relations
  • Marketing
  • Process Improvement

Timeline

Chief Business Officer

Welspun One Private Limited
10.2022 - Current

Executive Group VP

Motilal Oswal AMC Ltd
10.2020 - 09.2022

Principal

IIFL Asset Management Company Limited
04.2017 - 09.2020

Head of Products

Tata Capital - Wealth
07.2016 - 03.2017

Associate Director (National Head)

Religare Global Asset Management
01.2014 - 06.2016

Associate Vice President

Prime Broking Company India Limited
06.2011 - 12.2013

Channel Head

ICICI Prudential AMC Limited
06.2008 - 05.2011

Power Vantage Relationship Manager

HSBC Limited
06.2007 - 05.2008

Technical Supervisor

Raymond Limited (Textiles Division)
11.2000 - 06.2005

MBA - Dual Specialization (Marketing And Finance)

T A Pai Management Institute
Ramandeep Sassi