360 ONE has appointed Anshuman Maheshwary as chief executive officer of its alternates asset management business, a move that underscores the firm’s intent to expand private markets as a larger engine of long-term growth. The appointment was announced on April 21, 2026, and comes as the company positions its alternatives platform more centrally within its broader wealth and asset management strategy. The development also signals how large financial firms are increasingly treating private equity, private credit, real assets and renewable energy as mainstream portfolio allocations rather than niche exposures.
Strategic Shift
The leadership change reflects a broader strategic bet by 360 ONE on the rising relevance of private markets in client portfolios. In its public statements, the company framed the alternates business as a clear strategic pillar, pointing to stronger institutional participation and growing demand for differentiated sources of return and yield. That framing places the appointment in a wider industry context, where investors are seeking resilience, diversification and access to long-duration opportunities outside traditional public markets.
Leadership Transition
Maheshwary moves into the role after serving as chief operating officer at 360 ONE, where he was part of the firm’s leadership architecture during a period of expansion and operational strengthening. The company said he joined in 2019 and played a key role in institutionalising processes, sharpening execution and strengthening the operating backbone across business lines. Before joining 360 ONE, he spent nearly two decades at A.T. Kearney as a senior partner, bringing experience in corporate strategy and business transformation to the post.
Mandate and Scope
In his new position, Maheshwary is expected to take on profit-and-loss responsibility for the alternates business while working closely with investment teams, sales functions and senior leadership. His brief includes scaling existing franchises, developing new investment strategies, broadening institutional and third-party distribution, and maintaining disciplined investment governance and capital allocation. That combination of commercial and governance responsibilities suggests 360 ONE is aiming not only for growth in assets, but also for tighter strategic coordination across product design, fundraising and portfolio oversight.
Business Platform
360 ONE’s alternates platform already spans private equity, private credit, real assets, renewable energy and other differentiated strategies, giving the new CEO a broad platform rather than a narrow product vertical. Company disclosures described the platform as one of the larger and more comprehensive private market offerings in India, built to capture structural shifts in domestic capital formation and investor demand. The message from management is that scale alone will not be enough, and that the next phase will depend on combining performance, innovation and distribution depth.
Company Positioning
The appointment also arrives with 360 ONE operating from a position of significant scale in wealth and asset management. The company said it has about $74 billion in assets and serves clients seeking access to Indian markets across multiple asset classes, giving the alternates division a sizable distribution and client ecosystem to build on. That existing footprint may prove important as competition intensifies among financial institutions looking to capture more of the growing demand for bespoke private-market solutions.
Industry and Public Response
Management commentary around the announcement was notably forward-looking, with founder, managing director and chief executive officer Karan Bhagat describing private markets as increasingly core to portfolio construction. Maheshwary, for his part, said alternatives are reshaping how portfolios are built and argued that the opportunity now lies in scaling the ecosystem with a focus on performance, structural innovation and alignment with client outcomes. Public reaction on LinkedIn appeared supportive, with the announcement attracting visible engagement and congratulatory responses from professional contacts, reflecting positive sentiment around the leadership move.
Taken together, the appointment is more than a routine executive reshuffle and instead looks like a deliberate statement about where 360 ONE sees its next phase of expansion. By elevating a senior internal operator with strategy and transformation experience, the firm is signalling that it wants its alternates business to scale with both commercial ambition and tighter execution discipline. Whether that translates into a stronger leadership position in India’s private markets will depend on performance, fundraising momentum and the company’s ability to convert growing investor interest into durable long-term allocation.