India $79 Billion Wealth & Asset Manager 360 ONE Appoints COO Anshuman Maheshwary as CEO of Alternative Asset Management Business (360 ONE Alternates) Which Covers Investments Including Private Equity, Private Credit, Real Assets & Renewable Energy
23rd April 2026 | Hong Kong
India wealth & asset Manager 360 ONE ($79 billion AUM) has appointed COO Anshuman Maheshwary as CEO of alternative asset management business (360 ONE Alternates) which covers investments including private equity, private credit, real assets & renewable energy. In 2026 April, India investment manager 360 ONE Asset raised $214 million for new investment platform Private Investment in Public Equity (PIPE) to invest in high-potential listed & late-stage opportunities which allows companies an alternative option to raise capital (Efficient, faster & flexible) instead of traditional IPO. In 2025 November, UBS & India wealth & asset manager 360 ONE WAM ($68 billion AUM) signed Collaboration Services Agreement (4/11/25) with revenue-sharing. In 2025 April, UBS formed a strategic partnership with 360 ONE WAM ($68 billion AUM), acquiring warrants for a 4.95% stake in 360 ONE WAM at $4.7 billion market value, transferring UBS India onshore wealth management business to 360 ONE and 360 ONE clients booked in Singapore to be served by UBS Singapore. UBS (22/4/25): “UBS announces today that it has entered into an exclusive strategic collaboration with 360 ONE WAM Ltd (“360 ONE”), one of India’s largest independent wealth and asset management firms. This strategic collaboration combines UBS’s global and regional expertise with 360 ONE’s local knowledge and reach to deliver enhanced benefits to clients, representing a significant advancement in UBS’s global Indian wealth management business. As part of the collaboration, subject to regulatory requirements and approvals, it is proposed that clients from both institutions will have access to onshore and offshore wealth management solutions. Potential collaborative opportunities for asset management products and investment banking services will also be explored. In addition, UBS will transfer its onshore wealth management business in India to 360 ONE, while 360 ONE clients booked in Singapore will be served by UBS Singapore, subject to the required approvals (including regulatory) as applicable. UBS will acquire warrants for a 4.95% stake in 360 ONE, demonstrating UBS’s commitment to the fast-growing ultra and high-net-worth Indian market. A joint committee led by senior leadership from both institutions will be established to explore growth opportunities. This is a first step towards a powerful collaboration, which will further enhance the value proposition and unlock synergies for our clients and employees, taking the UBS global Indian wealth management business to the next level.” 360 ONE was previously known as IIFL Wealth & Asset Management. Earlier in 2025 April, 360 ONE Co-founder & CEO Vikram Malhotra who joined in 2023 and 10 professionals have departed. UBS has been reported to be in joint venture discussion with 360 ONE, including a 26% shareholding. Vikram Malhotra was ex-Bank of Singapore Global Market Head of South Asia, Barclays and UBS, ABN AMRO & Standard Chartered Bank. In 2023 September, 360 ONE appointed former Bank of Singapore Global Market Head of South Asia Vikram Malhotra as 360 ONE co-founder & CEO of 360 ONE Global, and joined by Bank of Singapore private bankers Pankaj Nagrath and Arunabh Banerjee. Former Bank of Singapore Global Market Head of South Asia Vikram Malhotra was with Bank of Singapore for more than 6 years, and was previously with Barclays (Head of South & Southeast Asia), UBS (Country Team Head, India International Asia), ABN AMRO (Head of Sales, India Private Banking). Vikram Malhotra started his career in 1995 in treasury at ABN AMRO and Standard Chartered Bank.
“ India $79 Billion Wealth & Asset Manager 360 ONE Appoints COO Anshuman Maheshwary as CEO of Alternative Asset Management Business (360 ONE Alternates) Which Covers Investments Including Private Equity, Private Credit, Real Assets & Renewable Energy “
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India Investment Manager 360 ONE Asset Raised $214 Million for New Investment Platform Private Investment in Public Equity (PIPE) to Invest in High-Potential Listed & Late-Stage Opportunities Which Allows Companies Alternative Option to Raise Capital (Efficient, Faster & Flexible) Instead of Traditional IPO
15th April 2026 – India investment manager 360 ONE Asset has raised $214 million for new investment platform Private Investment in Public Equity (PIPE) to invest in high-potential listed & late-stage opportunities which allows companies an alternative option to raise capital (Efficient, faster & flexible) instead of traditional IPO. In 2025 November, UBS & India wealth & asset manager 360 ONE WAM ($68 billion AUM) signed Collaboration Services Agreement (4/11/25) with revenue-sharing. In 2025 April, UBS formed a strategic partnership with 360 ONE WAM ($68 billion AUM), acquiring warrants for a 4.95% stake in 360 ONE WAM at $4.7 billion market value, transferring UBS India onshore wealth management business to 360 ONE and 360 ONE clients booked in Singapore to be served by UBS Singapore. UBS (22/4/25): “UBS announces today that it has entered into an exclusive strategic collaboration with 360 ONE WAM Ltd (“360 ONE”), one of India’s largest independent wealth and asset management firms. This strategic collaboration combines UBS’s global and regional expertise with 360 ONE’s local knowledge and reach to deliver enhanced benefits to clients, representing a significant advancement in UBS’s global Indian wealth management business. As part of the collaboration, subject to regulatory requirements and approvals, it is proposed that clients from both institutions will have access to onshore and offshore wealth management solutions. Potential collaborative opportunities for asset management products and investment banking services will also be explored. In addition, UBS will transfer its onshore wealth management business in India to 360 ONE, while 360 ONE clients booked in Singapore will be served by UBS Singapore, subject to the required approvals (including regulatory) as applicable. UBS will acquire warrants for a 4.95% stake in 360 ONE, demonstrating UBS’s commitment to the fast-growing ultra and high-net-worth Indian market. A joint committee led by senior leadership from both institutions will be established to explore growth opportunities. This is a first step towards a powerful collaboration, which will further enhance the value proposition and unlock synergies for our clients and employees, taking the UBS global Indian wealth management business to the next level.” 360 ONE was previously known as IIFL Wealth & Asset Management. Earlier in 2025 April, 360 ONE Co-founder & CEO Vikram Malhotra who joined in 2023 and 10 professionals have departed. UBS has been reported to be in joint venture discussion with 360 ONE, including a 26% shareholding. Vikram Malhotra was ex-Bank of Singapore Global Market Head of South Asia, Barclays and UBS, ABN AMRO & Standard Chartered Bank. In 2023 September, 360 ONE appointed former Bank of Singapore Global Market Head of South Asia Vikram Malhotra as 360 ONE co-founder & CEO of 360 ONE Global, and joined by Bank of Singapore private bankers Pankaj Nagrath and Arunabh Banerjee. Former Bank of Singapore Global Market Head of South Asia Vikram Malhotra was with Bank of Singapore for more than 6 years, and was previously with Barclays (Head of South & Southeast Asia), UBS (Country Team Head, India International Asia), ABN AMRO (Head of Sales, India Private Banking). Vikram Malhotra started his career in 1995 in treasury at ABN AMRO and Standard Chartered Bank.
Anup Maheshwari, Co-Founder and CIO, 360 ONE Asset: “Our PIPE strategy sits at the intersection of private market discipline and public market opportunity. We see a growing need for patient, engaged capital that can support high-potential listed companies through their next phase of growth, governance strengthening or balance-sheet optimisation. The encouraging response to the PIPE strategy, with ₹2000 crore committed, reflects investor conviction in this strategy and our ability to source and execute transactions at scale.”
Charanjit Singh, Fund Manager, 360 ONE Asset: “Our approach to the PIPE strategy is deeply fundamental and engagement driven. We focus on businesses where capital, combined with institutional partnership, can unlock disproportionate value over time. By maintaining an un-indexed portfolio and investing across block deals and anchor placements, we aim to deliver attractive risk-adjusted returns while preserving liquidity optionality for our investors.”
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