Kejriwal powers Temasek-Merrill deal

India may still be in the initial years of experiencing the financial might of global private equity (PE) and sovereign wealth funds, but Indian brainpower has started making its presence felt in large PE deals abroad. The latest big budget PE deal announced early this week— $6.2 billion stake purchase in Merrill Lynch, the world’s largest brokerage firm, led by Singapore-based Temasek, has an Indian connection. Manish Kejriwal, who heads the India office of Temasek, led the Merrill Lynch deal, which is seen as a bailout for the brokerage firm after the subprime crisis hit most of the bulge-bracket US finance majors.

The Economic Times
http://economictimes.indiatimes.com/International_Business/
Kejriwal_powers_Temasek-Merrill_deal/articleshow/2656830.cms