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Vindi Banga turns equity investor

ET Now caught up with Vindi Banga on his new to-do list and the mulligans he is looking for in life.

, ET Now|
Last Updated: Oct 07, 2010, 06.25 PM IST
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Vindi Banga turns equity investor
From the corporate hustle and bustle, he has now moved to the fast lane of the financial street . Ex-FMCG man, Vindi Banga s move to private equity is giving him time to explore the emerging markets in his new role as an investor. And the change means that Banga is also able to manage his diary better. That’s why he’s just spent a week with his sons playing golf and networking at Gleneagles. ET Now’s Shaili Chopra caught up with him on his new to-do list and the mulligans he is looking for in life.

How is life as a private equity investor?

Everything I had hoped for and there are no regrets. Our firm has a good portfolio of companies and I am involved with many of those. And since they had raised a fund last year, we are now ready to invest, and that makes it the second reason to enjoy this.

Will India see more investment from your firm?

Bear in mind we are participating in the global economy through our investments which are companies that are well spread. We are of course looking at how we must invest more directly in the Asian markets and India in particular.

You play a whole lot here at Wentworth, just outside of London?

I actually love this club. This is my home course and I am so happy to have two sons who are thoroughly interested in golf. I am in fact taking the day off tomorrow just to play golf with my sons.

And so your wife must feel left out in your world of home grown golfers?

Actually she has learnt to love it too so she comes along on the course for a nice walk. We were all actually at Gleneagles just last month for a full week.

What do you like most about your new job?

That there is variety of work and companies but what I also like is that I have a little more control over my diary (laughs)

What’s on the to-do list?

I am quite focused on work that we can do to help in India in some shape or form. Like a small group of us is working on ideas to reform agriculture. Agriculture has shrunk in terms of GDP contribution but the hunger and the need for food is only going to rise.

Do you miss being at Unilever?

No, I miss my friends but then I do catch up with them. I am one person who always looks ahead. I am so focused on what I am doing with my new firm CD&R that I have no time to think about anything A mulligan?

Well, well. I guess just like the game of golf you need a mulligan almost everyday. There are times when I feel I need to speed up to try and do more and more, faster and faster especially as the global economy changes pace so fast

I was playing with your friend Rana Talwar and he said he’s played with you and made some money off you...
That’s true. I never enjoy losing however I have lost to Rana a few times. However, in golf, there’s always another shot.

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