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Advent International Names New Director To Boost India Expansion

Vanessa Doctor

10 September 2009

Global private equity firm Advent International has hired Shweta Jalan as director of Advent India PE Advisors Private Ltd.

Ms Jalan was previously the director at ICICI Venture in Mumbai. Her appointment was announced after the company received approval for its plan to set up a Mumbai branch.

"Following the  receipt of the company registration, Advent is on track with its plans to expand the Advent International global network with Advent's operations in India from this month. We are looking forward to the opening of Advent's office in India and pursuing the opportunities that the market presents," said Georg Stratenwerth, Managing Director of Advent International in a statement.