Prakash Nene, MD and CFO of Multiples PE, has resigned from the firm citing ‘personal reasons’. Mumbai: Prakash Nene, managing director and chief financial officer of Multiples Alternate Asset Management Pvt. Nene’s exit comes at a time when Multiples has started its roadshow to raise its third offshore fund with a size of $1 billion. “I would confirm that Prakash Nene has resigned from Multiples a year ahead of his superannuation for personal reasons,” said Renuka Ramnath, managing director and CEO at Multiples. Nene is the second top-level exit from Multiples after another managing director, Dinesh Tiwari, quit in October 2016, after six years at the PE firm.

Source: Mint April 16, 2018 13:18 UTC