Sehgal in litigation with SCPL in Singapore over bonus, Parkway exit
Sanjay Sehgal, currently Managing Partner and CEO at East West Capital, has filed a suit in Singapore's High Court against the firm where he was formerly a partner, Symphony Capital Partners Ltd., over a bonus allegedly due to him, including profits from the firm's 2008 sale of its stake in Singapore hospital operator Parkway Holdings to Malaysian SWF Khazanah Nasional Bhd.
The suit is against SCPL, the original investment advisor to the Schroder Ventures Asia Pacific Fund that made the original Parkway investment, rather than Symphony Investment Managers and the current...
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