The next chapter
Anubha Shrivastava, Managing Director, Asia, CDC Group
Anubha Shrivastava is a Managing Director at CDC Group plc, a fund-of-funds business owned by the British Government that invests in the developing economies of Asia and Africa. She is responsible for the Asian investment portfolio spanning across South, South-East Asia and China.
Anubha started her career in Arthur Anderson, India and went on to work with Hambrecht & Quist, in the US. Thereafter she joined General Motors Asset Management’s Private Equity Group in New York, USA.
She was involved in the global private equity fund-of-funds portfolio as well as the global co investment program. Thereafter she worked at Performance Equity Management, LLC, where she was responsible for managing the European fund-of-funds and co-investment portfolios.
Anubha holds a Masters in Finance from the London Business School and a Bachelors Economics (Hons) from Lady Sriram College, Delhi.
Founded in 1948, CDC is the UK’s Development Finance Institution (DFI). Wholly owned by the UK Government’s Department for International Development, it is the world’s oldest DFI.
From 2004 – 2011 CDC operated primarily as a fund-of-funds, successfully investing during this time to increase its net value from £1bn to £2.8bn. In 2011 CDC announced a high-level new business plan, with a geographic remit focused on sub-Saharan Africa and South Asia. As well as acting as a fund-of-funds investor, CDC will now also provide debt and direct investment to businesses in these regions.
CDC is a self-financing organisation that reinvests its profits into the business and its operations. It has had no new money from Government since 1995. CDC’s capital is currently invested in over 1,000 companies in 73 countries.