Fund Manager

Abhay Agarwal

Serica was founded in 2004. It is a PMS manager registered with SEBI and an adviser to the Piper Serica India Numero Uno Fund, an FPI with Mauritius as its domicile. These two organisations invest stock in Indian businesses.

Before starting Piper Serica, Abhay worked as a Director for JP Morgan’s Private Equity group in Singapore, Hong Kong, and India (1997-2004). He invested in companies in the US, Australia, China, Singapore, Korea, India, and Singapore. He has invested in several businesses, including HDFC Bank, Piramal Glass, Jubilant Foodworks, Nicholas Piramal (acquired by Abbott), Bharat Forge, MTR Foods (acquired by Orkla), Mando Machinery Korea, Marico, and HDFC Securities.

Abhay worked for Citibank India from 1993 until 1997. He led a direct investment programme at the bank that closed many great projects. Sydenham College in Bombay awarded Abhay a B.com degree in 1991, and the Jamnalal Bajaj School of Management awarded him an MBA in 1992. (1993).