PPM America Bolsters Private Equity Team with Gashti as Senior Managing Director

PPM America Capital Partners (PPMACP), the private equity arm of PPM America, hired Bhumika Gashti as senior managing director, investor relations. Gashti’s primary focus is leading all aspects of existing client relationships and fundraising efforts in support of PPMACP. Gashti reports to Champ Raju, managing partner, head of private equity for PPMACP._x000D_
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With nearly 20 years in the investment services industry, Gashti joins the Chicago office from Intrinsic Edge Capital Management, where she served as the head of business development and investor relations. Prior to her time there, she worked in several roles at Credit Suisse, most recently as the head of U.S. sector specialists, where she led a 12-person team responsible for generating actionable investment insights across all U.S. equities. Gashti began her career on the investor side, as a part of the pension investment teams at both Pfizer and AT&T._x000D_
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“Gashti’s compelling mix of relationship management experience, investment acumen and work on highly collaborative teams makes her a wonderful fit for PPMACP,” Raju said. “Our investment in personnel reaffirms the firm’s commitment to grow the private equity business and deliver the best client service possible.”_x000D_
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“With its long-standing sponsor relationships, consistent participation across multiple market cycles and deal-making agility, PPMACP has built a high-caliber private equity practice,” Gashti said. “My goal is to help leverage these strengths as we look to expand the client base and increase assets under management.”