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Konig & Cie opens in Mumbai

Konig & Cie opens in Mumbai

Mumbai: Konig & Cie Asia Advisors Pvt. Ltd, a subsidiary of German investment firm Konig & Cie, is opening an office in Mumbai. Rajeev Kashikar - a Mumbai based investment banker with over 15 years experience in corporate finance and strategy consulting will lead the team.?
Among other sectors, the focus for Konig & Cie's investment in India would be shipping.?Konig & Cie. Asia Advisors will arrange ship financing by raising equity from investors both globally and locally. Konig & Cie says that its track record proves shipping to be an attractive asset class which is now available for Indian investors, too.?
Tobias Konig, founder, Konig & Cie, said: "Despite the current global downturn, the industry will become more and more important for India in the years to come. The reason for this is the growing demand for transportation due to the growing wealth of the Indian society. That is why we want to bring in our knowhow as early as possible. Because of our long-standing relationships with Indian shipowners, operators and shipyards Konig & Cie is well known already and enjoys an excellent reputation."?
Citing the huge infrastructure requirement for India, Konig & Cie said that the other investment areas that it will look at include real estate, shipping and marine infrastructure, transportation & logistics, oil & gas and clean energy.
?Konig & Cie is a Hamburg based investment firm established by Tobias Konig in 1999. It has launched 77 closed-end funds in the fields of shipping, real estate, renewable energy, infrastructure, private equity and traded endowment policies till now. [14/04/09]


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