Ajit Hutheesing

Ajit Gunottam Hutheesing (4 March 1936 – 8 December 2017) was the founder, chairman and chief executive officer of International Capital Partners Inc.[1] (ICP).

ICP commenced investment activities in 1992, providing private placement equity to finance the growth of successful smaller companies.

In 1972 he became the youngest director of IFC (at that time) heading the department responsible for management, syndications and dispositions of its rapidly growing equity and loan portfolios representing over 200 investments worldwide and valued in 1975 at $900 million.

JHSC was the investment banking arm of Schroders PLC in the US Its main activities were M&A, private placements and managing a venture capital pool.

He joined The Sherwood Group, New York, in 1986 as chairman to help the company raise substantial new capital and to build its corporate finance capabilities.

Upon the death of the founder and majority shareholder, Hutheesing presided over the sale of Sherwood and left the company in February 1988,[5] to start ICP.

During his life, Hutheesing was committed to using his connections in and knowledge of India and the United States to build both philanthropic and business bridges between these countries.