Hemendra Kothari
Overview
- Source of Wealth
- Financial services
- Industry
- Finance & Investments
- Residence
- Mumbai
- Education
- University of Mumbai (Bachelor of Arts/Economics)
- Marital Status
- Widowed
- Children
- 2
Biography
Veteran investment banker Hemendra Kothari founded Mumbai-based DSP Mutual Fund in 2008.
He founded the firm in partnership with BlackRock but bought out BlackRock's stake ten years later.
Kothari started his career with family firm D.S. Purbhoodas & Co before founding financial services firm DSP Financial Consultants in 1975.
He partnered with Merrill Lynch in 1995 but sold his 57% stake in tranches between 2005 and 2009.
His daughter Aditi Kothari Desai is chairperson at DSP.
About
A wildlife enthusiast, he founded the Wildlife Conservation Trust and has named meeting rooms at his office after tiger reserves.
His great-grandfather was one of the founders of the Bombay Stock Exchange.
His younger brother Yogesh Kothari, founded and runs specialty chemicals company Alkyl Amines.