Kenneth Andrade’s Old Bridge Capital has received final SEBI approval for mutual fund operations.
Kenneth Andrade, who was the head of investments at IDFC Mutual Fund from 2005 to 2015, sees this as a kind of homecoming. Old Bridge Capital Management, a portfolio management firm, stated on September 6 that it had gained final permission from the Securities and Exchange Board of India (SEBI) to begin its mutual fund…