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Waterfield Advisors announces appointment of two key senior professionals to their leadership team

Waterfield Advisors, a globally recognised multi-family office and wealth advisory firm, has announced the appointment of Riddhiman Jain as Managing Director and Head of Investment Strategy & Solutions and Abhishek Damani as Managing Director, Alternative Investments. ADVERTISEMENT Riddhiman brings over 15 years of global experience in wealth management, having held senior investment leadership roles across Singapore, Hong Kong, and India. Most recently, he served as Executive Director and Head of Investments and Products for UBS Wealth Management India, where he led discretionary and advisory mandates, mutual funds, alternative investments, and listed securities across asset classes. Also Read | Nifty slips into consolidation: What is the right strategy for mutual fund investors now? A strategic thinker and advocate for AI-driven client servicing and technology, Riddhiman has been instrumental in launching and managing differentiated offerings in alternatives, hedge funds, and digital wealth tools. His experience spans developing and delivering investment propositions and leading cross-border teams to deliver scalable, client-centric solutions. On the human front, he believes in breaking silos to foster collaboration and innovation, according to a press release.'I'm excited to join Waterfield's exceptional team to scale our Advisory impact. Combining market knowledge and technology to deliver exceptional client outcomes, I look forward to breaking silos, building innovative client propositions, providing quality advice, maximizing client returns, and making a meaningful difference,' said Riddhiman on his Waterfield, Abhishek will be driving the expansion of the firm's private market capabilities through the development of new investment avenues including GP and LP-led solutions, and portfolio construction related to separately managed accounts, tailored to the evolving needs of domestic and global investors. Abhishek will also continue to play a key role in advancing Waterfield's private market Fund of Funds offering, with oversight across portfolio construction, due diligence, and stakeholder engagement with both GPs and investors. ADVERTISEMENT Abhishek brings over a decade of experience in private markets, most recently serving as Managing Director and Head of India & Southeast Asia at Quilvest Capital Partners, where he led private equity and venture capital fund investments, co-investments, and secondaries in the region. Based in both Hong Kong and Mumbai during his time at Quilvest, Abhishek was instrumental in driving investment strategy, business development, and global partnerships at his former firm. 'Waterfield Advisors has set the benchmark for excellence in the Indian wealth management industry through its unwavering client alignment, institutional-grade governance, and a deeply embedded culture of integrity. Increasing maturity within private markets in India are beginning to offer differentiated, long-term opportunities that can meaningfully enhance portfolio returns,' On his joining, Abhishek commented. ADVERTISEMENT 'Waterfield is uniquely positioned given its access to top-quartile PE/VC managers as well as high-quality deal flow, making it an ideal platform for client's to build their private markets portfolios. I am excited to join Waterfield to expand our private market capabilities by crafting bespoke solutions tailored to the sophisticated and evolving needs of both Indian and global investors. The opportunity to contribute to Waterfield's vision in this dynamic segment is incredibly energizing, and I'm excited for what lies ahead,' he further said. Also Read | Axis Mutual Fund message to investors after Viresh Joshi's arrest ADVERTISEMENT 'With Riddhiman joining, we wish to further elevate the quality of advice we offer to our discerning clients, who are amongst the country's wealthiest families and individuals. As we scale to new heights, we want a leader who understands our evolving needs and aligns with our client centric ethos,' said Soumya Rajan, Founder and CEO, Waterfield will form an important part of Waterfield Advisors' Senior Leadership Team. He will be instrumental in advising UHNIs and HNIs on portfolio construction across multi-asset classes and solving market the joining of Abhishek Damani, CEO said, 'We are excited to bring on board Abhishek to join our family at such a dynamic time in the firm's growth. Our clients are increasingly looking for sophisticated, non-traditional strategies to enhance their portfolio returns and manage risk and Abhishek's addition will help us deliver on this demand with high-quality private markets solutions." ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)