Multipleshas picked seniorDeutsche BankexecutiveRahul Chawlaas managing director ofcredit strategy, according to a release on its website.. Chawla was the APAC head of financing for the financial sponsors segment for Deutsche Bank in his previous role.. Multiples is an asset manager that focuses on equity investments but with this development will be entering the credit investing space.. “We are excited to welcome RahulChawlato our leadership team”, said Renuka Ramnath, founder, managing director and chief executive officer of Multiples.. “His exceptional track record of building a market-leading structured finance business in the country leveraging his deep industry network and relationships will be invaluable in building this new credit strategy as a scaled and lasting business delivering strong returns for our investors”, said Ramnath.. Chawla has led origination, execution and delivery across structured lending, equity derivatives and debt capital market solutions closing financing solutions for upwards of $20 billion during his career. He has nearly three decades of experience and joined Deutsche Bank in 2014 fromCredit Suissewhere he worked earlier.. “I’ve admired Multiples’ approach of partnering with outstanding entrepreneurs and their track record of creating category champions, fund after fund through their investments. I’m privileged and excited to join them in this new endeavour to build a market-leading domestic franchise in the credit sector”, said Rahul Chawla.. Chawla completed his BA in Economics at St. Stephen’s College, Delhi and his MBA from Indian Institute of Management, Kolkata.. (You can now subscribe to our Economic Times WhatsApp channel)
