Jefferies Financial Group has appointed Sanjeev Aggarwal, formerly head of leveraged and structured finance at Mizuho Financial Group in India, to lead its private credit advisory business in the country, according to a report by Bloomberg.
Aggarwal is currently on gardening leave ahead of joining Jefferies.
The move underscores Jefferies’ push into India’s rapidly expanding private credit market, fuelled by infrastructure development and growing demand for alternative financing.
Emerging market private lending deals are on track for record volumes, with global investment funds accounting for 68% of the $9bn transacted in the first half of 2025, according to EY.
