March 28, 2019, Dalton Investments announces the opening of a new research office in Mumbai, India. “A local research office in India reflects our view that there are exciting investment opportunities for long-term investors in India,” says Belita Ong, CEO of Dalton. The Firm currently has existing offices in both Santa Monica and Tokyo. The new office in Mumbai will give Dalton a much needed on-the-ground presence, supporting Dalton’s growing focus and expanding investment research in the region. “We are very bullish on the long-term growth potential of India and strongly believe it to be one of the most attractive investment destinations in the world,” says Venkat Pasupuleti, Co-Portfolio Manager for the Dalton India Fund.
In addition to the new office, Dalton has brought on a new India-focused Senior Equity Research Analyst, Mr. Siva Thiravidamony, who will lead the India local research operation in Mumbai. Mr. Thiravidamony is a seasoned investment professional with nine years of experience in the Indian equity markets. Prior to joining Dalton, he worked at ICICI Lombard General Insurance company as Associate Vice President of Equity Investments from 2009 until June 2018. Mr. Thiravidamony holds a Bachelor of Engineering degree from PSG College of Technology, Coimbatore and an MBA from the Indian Institute of Management, Calcutta. He is a CFA charterholder and a member of the CFA Society of India.
About Dalton Investments
Dalton Investments LLC is a value-focused investment management firm with expertise in Asia and global equities. Headquartered in Los Angeles, with subsidiary offices in Tokyo and Mumbai, Dalton manages $3.7 billion (February 28, 2019) in actively managed long-only and long/short strategies for pensions, endowments, foundations, financial institutions and family offices.