
Aashish P Somaiyaa
ED & CEO-White Oak Capital Management
Aashish holds a Bachelor of Engineering in Polymer Science from Pune University and a Masters in Management Studies in Finance from NMIMS, Mumbai University. He passed out of MMS Finance at NMIMS in the year 2000.
Aashish is responsible for strategizing, growing and managing the domestic operations at White Oak Capital, a highly differentiated equity fund management firm managing Mutual Funds, AIF and PMS strategies totaling over $4 bn. WhiteOak Capital is founded by Prashant Khemka, former CIO at Goldman Sachs Asset Management for their India Equity and Global Emerging Markets strategies. White Oak Capital totally manages nearly $10 USD across its global as well domestic businesses and is one of the leading foreign portfolio investors investing into India on behalf of global investors including sovereign wealth funds, pension funds, family offices and HNIs.
Prior to joining White Oak
Capital, Aashish served for nearly 8 years as Managing Director and CEO of
Motilal Oswal Asset Management Company, one of the highly regarded and
differentiated equity managers in India backed by excellent performance track
record and well documented investing philosophy. Starting with about ₹1,300 crs
($150 mn) in 2013, Motilal Oswal AMC grew to >₹42,000 crs ($5.6 bn) of
equity assets across portfolio management services, alternative investment
funds, offshore funds and domestic Mutual Funds. Aashish played a pivotal role
in launching and growing a highly differentiated passive business which for the
first time introduced Indian investors to investing in Nasdaq100, S&P500
and similar differentiated indices. Motilal Oswal was awarded Brand of the Year
at the CNBC India Business Leadership Awards in 2018 and Aashish was awarded
Most Distinguished Alumni of the year 2018 by his alma mater NMIMS, Mumbai.
Aashish has 25 years’
experience in business strategy and management, process driven sales and
distribution, product development and marketing of investment offerings. He has
been engaged with India’s private sector asset management industry for pretty
much its entire growth trajectory post 1998.
Prior to Motilal Oswal AMC,
Aashish was heading sales, distribution and product development at of ICICI
Prudential AMC for their MF, PMS and Real Estate offerings through multiple
distribution channels across India and Middle East. He has led new product
development, product management, communication, and distribution channel
delivery over a number of years.
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