Kalpesh Kikani

Kalpesh Kikani is the Chief Executive Officer of Piramal Alternatives. In his current role, Kalpesh drives profitable growth across all Piramal Group’s alternative asset funds across multiple asset classes.

Kalpesh has over twenty-five years of expertise in investing and financial services including a decade as the founding Managing Director at AION Capital, a joint venture between Apollo Global Management and ICICI Group to invest in buyouts, distressed and hybrid capital solutions.

At AION, Kalpesh led both fund raising and deployment of over $1.25 billions of capital and served on the boards of several its portfolio companies.

Prior to AION Capital, Kalpesh spent over 15 years at ICICI Bank. Kalpesh played a significant role in building the bank’s commercial banking business to over $10 billion in assets and the structured finance business to over $ 5 billion in assets. Kalpesh setup and built the bank’s corporate and investment banking business in London to $ 4 billion in assets. Earlier, Kalpesh was part of the retail banking team at the time of the merger of ICICI Limited and ICICI Bank Limited. Kalpesh started his career at ICICI Limited in project finance where he led multibillion dollar corporate and infrastructure financing.

Kalpesh holds a Bachelor of Engineering Degree in Computer Science and an MBA in Finance from Bombay University and is a member of the CFA Institute, USA.