IIM Bangalore Establishes PEVC Research Center for Enhanced Industry-Academia Synergy
IIMB Launches Tony James Centre for Private Equity and Venture Capital
The Indian Institute of Management Bangalore (IIMB) has announced the launch of the Tony James Centre for Private Equity and Venture Capital (PEVC), a pioneering initiative dedicated to advancing research, education, and industry collaboration in the private equity and venture capital (PEVC) space[1].
Named after Hamilton Evans "Tony" James, former President and COO of Blackstone, a leading global investment firm, the centre was established through a significant endowment by Mathew Cyriac, an IIMB alumnus and distinguished investor[1][2]. The centre aims to serve as a global thought leader in research and education related to PEVC, fostering innovation and excellence in the domain[2].
The Tony James Centre for PEVC is India’s first dedicated Centre of Excellence focused on advancing research, education, and industry collaboration in the PEVC domain[1][3][4]. It acts as a hub for cutting-edge research, education, and industry collaboration, connecting students with industry experts and exposing them to the latest sector trends[1][2][4].
The centre's objectives include bridging the gap between academic research and the practical needs of India’s evolving PEVC ecosystem, advancing scholarship, pedagogy, practice, and policy engagement in the alternative investment landscape, and creating an ecosystem for collaboration among academics, practitioners, regulators, and entrepreneurs to nurture world-class PEVC talent[1][3][5].
The centre offers specialized courses and facilitates industry-focused events and policy discussions. It also hosts global experts for lectures and seminars, providing a platform for ongoing dialogue between academia and industry[2][3][5]. Furthermore, the centre supports scholarships for students enrolled in IIMB’s Post Graduate and Doctoral programmes, funded through the endowment[1][5].
Four classrooms will be named after faculty members who significantly influenced Cyriac's educational journey[1][5]. The centre is designed as a global interdisciplinary platform, leveraging IIMB's academic excellence to shape future leaders in private capital investments[3].
Professor Dinesh Kumar, director in charge at IIMB, emphasized the importance of funding in driving quality research. He commented, "The Tony James Centre for Private Equity and Venture Capital will contribute significantly to the growth and sustainability of the PEVC industry in India, and its focus on data and infrastructure investment will provide critical resources for research."[4]
Cyriac, who also co-founded Yali Capital, believes the centre will provide innovation and sophistication to suit the nuances of the Indian market[1]. He stated, "The centre will attract and retain world-class talent, and its launch is significant for the development of the PEVC industry in India."
The launch of the Tony James Centre for Private Equity and Venture Capital is expected to contribute to the growth and sustainability of the PEVC industry in India, and it is likely to foster collaboration between academia, industry, and government in the PEVC sector[1].
The article is published by Staff India, an international franchise of Media.
References:
[1] "IIMB Launches Tony James Centre for Private Equity and Venture Capital". The Economic Times. 10th June 2023.
[2] "IIMB Announces the Launch of the Tony James Centre for Private Equity and Venture Capital". IIMB. 10th June 2023.
[3] "IIMB's New Centre for Private Equity and Venture Capital". The Hindu Business Line. 11th June 2023.
[4] "IIMB's Tony James Centre for Private Equity and Venture Capital". Livemint. 12th June 2023.
[5] "IIMB's Tony James Centre for Private Equity and Venture Capital: A New Era for Research and Education". The Financial Express. 13th June 2023.
- The Tony James Centre for Private Equity and Venture Capital, established at IIMB, aims to foster innovation and excellence in India's private equity and venture capital domain through research, education, and industry collaboration.
- Endowments and funding from Mathew Cyriac, an IIMB alumnus, have facilitated the establishment of the Tony James Centre for Private Equity and Venture Capital, with the objective of creating an ecosystem for nurturing world-class private capital investments talent.
- The centre will offer specialized courses, facilitate industry-focused events, and host global experts, providing students with opportunities to engage with industry professionals and gain insights into the latest trends in the private equity and venture capital sector.
