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SK Capital taps Bhatia as business development director

In his new role, Bhatia will coordinate and lead the firm’s efforts to identify and develop new investment opportunities.

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  • Previously, Bhatia was a senior director of corporate M&A at DuPont de Nemours Inc
  • Bhatia will be based in New York
  • He has nearly 25 years of strategic corporate development, M&A, investment banking, and corporate banking experience

SK Capital has hired Asim Bhatia as director of business development. In his new role, Bhatia will coordinate and lead the firm’s efforts to identify and develop new investment opportunities.

Bhatia will be based in New York and brings nearly 25 years of strategic corporate development, M&A, investment banking, and corporate banking experience to SK Capital. Previously, Bhatia was a senior director of corporate M&A at DuPont de Nemours Inc where he led both the acquisitions and divestitures of several businesses during his tenure. Prior to DuPont, Bhatia held similar roles at Honeywell and Eastman Chemical, and was previously an investment banker.

On this new hire, Mario Toukan, managing director of SK Capital, said in a statement: “We are delighted to welcome Asim to the SK Capital team. His experience managing M&A for several of the most respected corporates in our sectors is a highly valuable skill set. We believe a dedicated effort to developing and managing the large pipeline of opportunities across our industries of focus will serve to enhance our investment practice.”

SK Capital focuses on the specialty materials, specialty chemicals, and pharmaceuticals sectors. Currently, SK Capital has approximately $6.6 billion of assets under management, according to the investment firm.