Cerberus switches London exec to India

Cerberus Capital Management is shifting its London-based managing director, Rahul Sangwan, to Mumbai to spearhead its operations in India, highlighting the firm's growing interest in the country's expanding private credit market. This strategic move suggests Cerberus is positioning itself to capitalize on India's dynamic economic growth and increasing demand for alternative investment options. Such a relocation underscores the global investment firm's commitment to deepening its market presence in one of the world's fastest-growing economies.