Old Lane is a New York based Hedge Fund with a $500 million India fund. The firm was set up by former Morgan Stanley executives Vikram Pandit, John Havens and Guru Ramakrishnan.
13 months into existence, Old Lane was bought by Citigroup for a reported sum of $800 million. Pandit now heads Citi’s alternative investment business, while Ramkarishnan, a co-founder, has taken over as the CEO. By next month around 40% of the India fund will be invested
Read more about Old Lane, its investments and its plans in the Mint
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