QRC Investment Advisors LLP – Portfolio Management Services (PMS)

Fund Manager

With twenty-five years of dedicated experience in equity research and investment management, Ayaz possesses a distinguished track record across diverse funds operating within India and the broader Asian market. Currently, he serves as an advisor to the Amala Emerging Asia Fund (AEAF), which strategically focuses on identifying and investing in high-caliber growth enterprises throughout Asia. Before his advisory role with AEAF, Ayaz was a key member of the investment team at Samena Capital, a firm specializing in special situations investments. His prior experience also includes a tenure at Highbridge Capital Management in Hong Kong, where he contributed to the multi-strategy investment team. In this capacity, he was responsible for managing a fund with a mandate to invest in India and the ASEAN region. Ayaz's Indian market expertise was further honed when he joined New Vernon Capital in Mumbai in 2004, a period when the firm was among the pioneering foreign alternative funds to establish a presence in India. Prior to this, he dedicated five years to Birla Sun Life Asset Management Company Limited, where he managed several mutual funds. He also held the position of lead consumer analyst at Motilal Oswal Securities. Ayaz commenced his professional investment journey in 1996 as an analyst with ASK Raymond James. He is an MBA in Finance graduate from the Institute for Technology & Management.

Fund Manager

Saurabh brings thirteen years of comprehensive experience in institutional equity sales, equity capital markets, and corporate finance. Before co-founding QRC in 2017, he spent eleven years with the Institutional Equity Sales divisions of DSP Merrill Lynch Limited and Merrill Lynch (Asia-Pacific), holding positions in Mumbai and Hong Kong respectively. During this tenure, he provided strategic guidance to diverse global institutions concerning the Indian equity market. His prior roles also encompass the Equity Capital Markets and Corporate Finance teams at DSP Merrill Lynch Limited, where he contributed to a range of international public equity transactions and advisory engagements. Earlier in his career, Saurabh was affiliated with HDFC Securities Limited as a research associate focusing on the pharmaceutical sector, undertaking independent analysis of mid-cap equities. He is a Chartered Accountant from the Institute of Chartered Accountants of India (ICAI) and has successfully completed the Chartered Financial Analyst (CFA) program from the CFA Institute, USA.