Cerberus Capital executive Indranil Ghosh exits to join Apollo Global in surprise move

Cerberus still has huge bets tied to Tata Sons shares

Indranil Ghosh has quit Cerberus Capital to join Apollo Global, according to reports. Cerberus, which manages a $1-billion-plus India loan book, is a major financier of bonds from Shapoorji Pallonji group firms backed by Tata Sons shares, with roughly $700–800 million in exposure. Despite the leadership change, Cerberus’s India team reportedly hasn’t seen broader staff movement.