San Francisco-based investment bank Qatalyst Group has recruited Anand Subramanian as a partner and head of private capital markets. The appointment becomes effective early December. Previously, Subramanian worked at Morgan Stanley where he served as a managing director and head of private capital markets.
November 18, 2014 10:10 AM Eastern Standard Time
SAN FRANCISCO–(BUSINESS WIRE)–Qatalyst Group, the technology-focused independent investment bank, announced today that Anand Subramanian will join the Firm in early December as a Partner and Head of Private Capital Markets. Mr. Subramanian, most recently Managing Director and Head of Private Capital Markets for Morgan Stanley, will be based at Qatalyst’s San Francisco headquarters and will lead the firm’s new practice in raising private capital for high quality technology companies across all sectors.
Qatalyst’s Private Capital Markets platform will advise clients on financing alternatives across their capital structures and will raise capital from diverse pools of capital globally, including blue-chip mutual funds, large fundamental-oriented hedge funds, technology entrepreneur-backed family offices, global family offices, pension funds, sovereign wealth funds, growth equity/late stage venture funds, and strategic/corporate investors.
Frank Quattrone, Chief Executive Officer of Qatalyst Group, said: “We are excited to expand into private capital raising, which is an increasingly important service to our venture-backed clients and will be highly complementary to our M&A practice. Our strategy and focus will remain consistent — we will strive to provide a superior level of service on large, high impact financings for transformative technology companies. We are delighted to welcome Anand to Qatalyst and believe his experience in private capital raising and commitment to providing outstanding service will combine to add significant value to our clients’ growth and capital structure objectives.”
Mr. Subramanian, 42, has almost 20 years of financial services and consulting experience, including the past 10 years with Morgan Stanley in Institutional Equities and Global Capital Markets. Most recently, he led the launch and subsequent build-out of Morgan Stanley’s Private Capital Markets business, where he led more than $8 billion in capital raising transactions over the last 4 years for market-leading technology companies such as Alibaba, Box, DocuSign and Mobileye, among others. He has worked with companies in many jurisdictions (including the US, Brazil, Canada, China, Israel and Spain) on a wide variety of financings, including growth/pre-IPO capital, de-leveraging, event-driven and recapitalizations. Mr. Subramanian also has hands-on experience building disruptive technology businesses, having led in 2000 the creation of EquiLend (www.equilend.com), the first centralized, automated trading platform in securities lending, which now handles >$20 billion in trades daily.
Since its founding in March 2008, Qatalyst has advised on 70 M&A assignments with total transaction volume of approximately $115 billion including advising Motorola Mobility on its $12.5 billion sale to Google; Autonomy on its $11.7 billion sale to Hewlett-Packard; Concur on its $8.3 billion pending sale to SAP; Bain Capital on its $6.9 billion acquisition of BMC; LSI on its $6.6 billion sale to Avago; National Semiconductor on its $6.5 billion sale to Texas Instruments; NetLogic on its $3.9 billion sale to Broadcom; Atheros on its $3.6 billion sale to Qualcomm; Sourcefire on its $2.7 billion sale to Cisco; OpenTable on its $2.6 billion sale to Priceline; Isilon on its $2.6 billion sale to EMC; 3PAR on its $2.4 billion sale to Hewlett-Packard; Data Domain on its $2.4 billion sale to EMC; GoDaddy on its strategic investment by KKR, SilverLake and TCV; Taleo on its $2.1 billion sale to Oracle; Acme Packet on its $2.1 billion sale to Oracle; Ancestry.com on its $1.6 billion sale to Permira; Alcatel-Lucent on the $1.5 billion divestiture of its Genesys business to Permira and TCV; PopCap on its $1.4 billion sale to Electronic Arts; Fusion-io on its $1.3 billion sale to SanDisk; Nicira on its $1.3 billion sale to VMware; Yammer on its $1.2 billion sale to Microsoft; Tumblr on its $1.1 billion sale to Yahoo!; Intuit on the $1.0 billion divestiture of its Financial Services Division to Thoma Bravo; Mandiant on its $1.0 billion sale to FireEye; Ebates on its $1.0 billion sale to Rakuten; and Twitch on its $1.0 billion sale to Amazon.
Qatalyst Group is a technology-focused independent investment bank headquartered in San Francisco, California. Qatalyst Partners LP, its advisory business, provides high impact strategic and financial advice to senior management and boards of established and emerging technology leaders on matters crucial to their growth and success. Qatalyst’s advisors combine an extensive network of relationships with deep industry knowledge and seasoned transaction expertise to deliver a superior, senior level of service for clients who value experience, judgment, candor and insight.
Qatalyst Partners LP is providing this announcement strictly for informational purposes.