Ravi Vish has joined DuPont Capital Management as its senior portfolio advisor, private markets, where he serves as the main contact for communicating his group’s investment philosophy, process and portfolio positioning to clients and potential clients. He also is a member of the investment team responsible for providing private equity expertise in support of client service and marketing activities of the private markets group.
Delaware-based DuPont Capital Management, which has $22.5 billion of assets under management, has committed north of $4 billion to more than 150 private equity partnerships since 1989. The firm, which manages funds of funds, commits to partnerships whose strategies include domestic and international buyouts, distressed debt, mezzanine, special situations, co-investments and secondaries, as well as venture capital. Some of the fund managers that DuPont Capital has supported include Fifth Street Capital, Marlin Equity Partners and Tenaska Capital Management LLC. DuPont Capital, which is the chemical maker’s in-house pension fund manager, began managing outside capital several years ago.Previously Vish served as CEO of WestLB Mellon Asset Management, where he managed the private equity group and served as chairman of the investment committee. In May, Siguler Guff took over the management of WestLB Mellon Asset Management USA’s funds of funds, whose total assets stood at $445 million as of Dec. 31, 2008. In addition, several key investment and operational professionals joined Siguler Guff, including principal Christopher Pace, formerly a general partner and member of WestLB Mellon Asset Management’s investment committee.
Before his tenure at WestLB Mellon Asset Management, Vish worked for the International Finance Corp., the private-sector arm of the World Bank, where his assignments included CFO-global financial markets, and CIO-global information and communication technologies. Vish joined the financial services industry in 1978.