Former Temasek executive appointed to lead Motilal Oswal Alternates
Motilal Oswal has named former Temasek India co-head Padmanabh Sinha to head its alternative investment arm, Motilal Oswal Alternates, as it expands in private equity, real estate, and private credit.
Indian financial services group Motilal Oswal has appointed former Temasek India co-head Padmanabh Sinha to lead its alternative investment business, Motilal Oswal Alternates. The appointment comes as the firm expands across private equity, real estate, and private credit, according to a report by Bloomberg. Motilal Oswal Alternates currently manages approximately $3.5 billion in assets.
Sinha joins the platform following senior investment roles at Temasek, Tata Opportunities Fund, and India’s National Investment and Infrastructure Fund (NIIF). He most recently served as executive director and chief investment officer at NIIF until April 2025, before leaving to establish an independent private equity fund.
The appointment follows a reported period of fundraising and diversification for Motilal Oswal Alternates. In February, the firm closed its largest private equity fund at $938 million, attracting international investors for the first time. It also entered the private credit market in 2025, targeting more than $300 million in commitments.
The leadership change comes amid continued growth in India’s alternative investment industry, supported by increasing allocations from domestic institutions and wealthy individuals. Other managers, including Kotak Alternate Asset Managers and 360 ONE, have also strengthened their senior leadership teams as competition for private markets capital intensifies.