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Beyond Capital Announces the Addition of Abilash Jaikumar to Board of Directors


NEW YORK, June 11, 2018 /PRNewswire-PRWeb/ -- Beyond Capital Announces the Addition of Abilash Jaikumar to Board of Directors. Private Equity Veteran to Contribute Extensive Business Development Acumen.

Beyond Capital, an impact investment fund specializing in seed-stage enterprises in East Africa and India, enhances its network and growing portfolio with the addition of private equity veteran Abilash Jaikumar to its Board of Directors. Abilash is the Co-Founder and Managing Director of TresVista Financial Services, a firm that provides offshore support for asset managers, investment banks, research firms, and corporates. In his role, Abilash has garnered a deep industry network while maintaining a footprint in both the US and India. With Abilash's appointment, Beyond Capital will leverage full-service support from TresVista, including business development, deal execution, portfolio management, fund administration, and accounting support for its impact investing efforts.

Having grown his own firm to more than 300 professionals since its founding in 2006, Abilash knows first-hand what it takes to institutionalize a business. With his extensive global business knowledge, Abilash will assist Beyond Capital to achieve its growth plans. Beyond Capital will be able to leverage Abilash's experience and the invaluable insight from the TresVista team to improve its fundraising strategy and more effectively deploy and manage capital in the social investing space.

"Abilash has been a supporter of Beyond Capital since our founding in 2009, so it was a natural fit to have him take on a larger role," says Eva Yazhari, Beyond Capital co-founder and CEO. "Not only will he be indispensable on a project capacity for our portfolios, but his experience will also lend a hand to furthering the development of our investor relations," Yazhari adds.

Prior to founding TresVista, Abilash was a Private Equity Investor with Alta Communications, a middle-market private equity firm managing more than $1.5 billion focused on companies in the media and telecommunications sectors. Previously, Abilash was a part of Merrill Lynch's Investment Banking Division in New York, where he worked on advisory and financing transactions in a broad range of industries.

"I have been a fan of Eva and her husband and co-founder Hooman Yazhari's work with Beyond Capital and their commitment to the mission since its founding," said Abilash. "I am excited by the opportunity to help Beyond Capital increase the impact it has in the communities it serves."

Abilash graduated with honors from Georgetown University with a BSBA in Finance and Accounting and minored in Philosophy and Economics. He currently serves as the Chairman of Georgetown's Alumni Admissions Program in India. He and his wife, Suchita Desai, a former public interest attorney and social worker, are passionate about and committed to improving the quality of life for those below the poverty line globally.

About Beyond Capital Fund
Beyond Capital is an impact investment fund that invests in for-profit social enterprises throughout India and East Africa. The organization invests in businesses that are focused on greater access to health care, water, sanitation, and energy, as well as food security and financial inclusion, which can increase the quality of life and standard of living for consumers at the bottom of the pyramid. Though it seeks market-rate financial returns, Beyond Capital is structured as a non-profit, which permits it to emphasize fidelity to the social mission alongside its financial mandate. From a total of eight company investments, Beyond Capital reaches more than 2.3 million people living in impoverished communities.

For more information, visit beyondcapitalfund.org.

 

SOURCE Beyond Capital Fund


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