The International Biomedical Research Alliance announced that Shamit Grover is joining its board of directors. Shamit Grover is the Managing Director of the Private Capital Group at MSD Partners.
Originally from India, Mr. Grover moved to the United States in 2001. After graduating from Harvey Mudd College with a B.S in Engineering and a double major in Economics at Claremont McKenna College, Mr. Grover decided to pursue a career in finance. He started his career at Merrill Lynch, working in Mergers & Acquisitions investment banking and then in the Global Private Equity group. During this time, he helped the financial services private equity team evaluate buying IndyMac from the US government and was part of the team that put together a group of investors to consummate the transaction. Following this transaction, one of the key investors, MSD Capital, asked him to join their private capital effort.
Since joining MSD in May 2009, Mr. Grover has been directly involved with a number of the group’s investments. He serves on the Board of Directors of WCG Clinical, the country’s leading Clinical Services Organization facilitating safe and effective clinical research. He is, or has been involved with OneWest Bank, BrightView, EverBank, Kobalt Music Group, Transaction Network Services, Owl Rock, and UFC. His efforts have included identifying investment opportunities in business and tech-enabled services, media & entertainment and vertical market software. Outside of work, Mr. Grover also engages in non-profit efforts such as serving on the board of trustees at his alma mater, Harvey Mudd College.
“Mr. Grover’s exceptional leadership in finance and his background in engineering position him to make substantial intellectual contributions to the Alliance board,” remarked Stephen McLean, Chairman of the Alliance board of directors. “His curiosity in research and his passion for education will allow him to connect with the scholars of the NIH Oxford-Cambridge Scholars Program on a new and deep level.”
“Becoming an Alliance board member, I look forward to mentoring the next generation of biomedical researchers and physicians in the NIH Oxford-Cambridge Scholars Program” stated Mr. Grover. “My devotion to the students at Harvey Mudd College has provided me with the desire to continue to mentor students, providing them with resources and skillsets to become leaders.”