Alantra appoints Joshi as managing director

Alessia Argentieri
17 September 2019

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Mid-market asset management firm Alantra has appointed Aamit Joshi as managing director and co-head of chemicals.

In his new role, Joshi will be based in London and will join Alantra's chemicals division to support global origination and execution of M&A deals in the sector. He will co-head the practice, together with Bernd Schneider.

Joshi joined Alantra from Lincoln International, where he spent six years working as a managing director on transactions in the chemicals sector. Prior to this, he was a director at Ambit Corporate Finance, based in Mumbai, India. He also worked as part of the M&A team at Dresdner Kleinwort in London and for Indian chemicals company Reliance Industries.

In the last six years, Alantra has worked on 30 transactions in the chemical sector across Europe, the US, Asia and Latin America, including the €195m sale of Sun Capital's Elix Polymers; the acquisition of Berlin-based phenolic resin manufacturer Prefere Resins by Silverfleet Capital; and the purchase of United Initiators, a manufacturer of organic peroxides and persulfates, bought by Equistone Partners Europe.

This announcement follows several appointments earlier this year aimed at strengthening Alantra's investment banking division through the addition of sector and product specialists.

Furthermore, Alantra this year expanded its US presence by adding a team in Chicago focused on the insurance sector; opened a new office in Hong Kong; hired three managing directors to strengthen its healthcare and technology divisions in the US and the UK; opened a new office in Copenhagen; and added six senior professionals to its corporate portfolio advisory business.