AltG, a leading pioneer in innovative asset class development to generate alpha, has announced launching of its newest office in Dhaka, Bangladesh.
A press release said, this strategic expansion marks a significant step in AltG’s mission to unlock untapped growth markets in South Asia through its proprietary APEXX Formula.
With the establishment of the Bangladesh office, AltG aims to harness the region’s dynamic economic growth, offering tailored solutions to investors seeking accelerated returns and opportunities in emerging markets. The new office will play a crucial role in fostering corporate value creation generating alpha across industries and strengthening the company’s presence in South Asia.
“Bangladesh presents a tremendous opportunity for AltG to build the public and private markets of Bangladesh further and deepen our impact in the region,” said Poornima Vardhan, a leader at AltG. “We are excited to bring our expertise and innovative approach to one of the fastest-growing economies in the world”, the PR stated.
The launch of the Bangladesh office reinforces AltG’s commitment to expanding its footprint in global growth markets and delivering superior value to investors globally.
Founders of AltG:
Poornima Vardhan, Principal and co-founder combines Financial Engineering with lateral thinking to bring a unique approach to problem-solving. Her expertise spans complex M&A transactions, cross-border strategy, and cross-industry innovation.
She has significant experience in complex M&A transactions. She was instrumental in devising the cross-border strategy for Indian chemical companies at UBS in New York, advising global chemical companies on multi-billion-dollar deals, including Sunoco, on selling its Polypropylene business to Braskem for a US$350mm deal.
Poornima has over 15+ years of experience in India as an Investor and an entrepreneur. She played a pivotal role in scaling and building multiple retail businesses, including India’s first D2C brand, and setting up two regional airlines. Her expertise was also instrumental in re-structuring India’s first luxury fashion business.
With Taponeel Mukherjee, she developed The APEXX Formula – a proprietary platform generating unique alternative data (Alt Data) to drive investment alpha in India.
Poornima is a Joseph Wharton Scholar. She holds an MBA in Finance from The Wharton School, a Master’s degree in Operational Research from The London School of Economics, and a BSc. in Mathematics from St. Stephen’s College, Delhi University. Poornima’s guiding philosophy remains: “Winning By Design.”
Taponeel Mukherjee Principal and co-founder is a renowned economist and former interest rate trader with over 20 years of experience in global markets. His illustrious career spans top investment banks, including UBS and Citigroup, across London, Zurich, and Tokyo.
At just 24, Taponeel achieved remarkable success, generating his first million during the 2008 Lehman Brothers bankruptcy. His expertise led him to establish UBS’s second-most profitable Yen short-end rates trading desk, generating $450M, and later leading the bank’s most profitable Short-end rates business, yielding over US$3 billion.
With a proven track record, Taponeel set his sights on India’s emerging market, recognizing a lucrative opportunity to generate Alpha. Through Development Tracks, he advised mega-cap Indian conglomerates on investment and trading strategies, and in collaboration with Poornima, developed The APEXX Formula – a proprietary platform translating macroeconomic data into micro-information and analyzing billions of global data points to create innovative investment strategies.
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