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"If you have a concern, raise it with me, raise it with my law firm, raise it with the Law Society".
Selling the unit would help the firm raise needed capital without diluting existing shareholders.
He became a partner at age 25, when he helped the firm raise its $160 million third fund.
Elevation also recently pulled in Palm director and former eBay exec Rajiv Dutta late last year to help the private equity firm raise money for a second fund.
Prior to founding the company, she was vice president of marketing at real estate private equity firm Origin Investments, where she helped the firm raise more than $70 million and launch its online investing platform.
Sinha has not only convinced his four big shareholders to dilute 6.5% stake each in favor of T Rowe Price, he is also likely to let the global investment firm raise its stake.
Similar(52)
"I'd rather be a new firm raising a first fund," he said, "than a mediocre firm raising fund five right now".
The firm raised its first fund in 2010 and has $200 million in assets under management.
That means that the firm raised $387 million from its market debut.
When it started two funds recently, the firm raised $1.35 billion in just eight weeks.
Last October the firm raised $15 billion from a group of investors including Warren Buffett's Berkshire Hathaway.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com