Ashwin Puri
Director of Investments at First Midwest Group
Ashwin Puri
Director of Investments at First Midwest Group
Greater Chicago Area
Overview
Work Experience
Director of Investments
2023 - Current
FMG Capital is the embedded family office of First Midwest Group, a real-estate-focused holding company of the Puri Family. We invest in public equities, credit, and maintain a heavy emphasis on alternatives, exceeding one hundred VC & PE funds and direct investments over the past decade. While our primary focus is on the United States, we also invest globally, with a particular concentration on India, Sub-Saharan Africa, and Southeast Asia.
Principal
2020
FMG Capital has a long history of direct and fund-based investments in private equity, venture capital, and public equities, spanning more than two decades. We continue to seek opportunistic alpha-driven investments in the United States and across the globe. At FMG Capital, I lead direct investments and VC & PE fund investments.
Director of Investments
2023
FMG Capital is the embedded family office of First Midwest Group, a real-estate-focused holding company of the Puri Family. We invest in public equities, credit, and maintain a heavy emphasis on alternatives, exceeding one hundred VC & PE funds and direct investments over the past decade. While our primary focus is on the United States, we also invest globally, with a particular concentration on India, Sub-Saharan Africa, and Southeast Asia.
Principal
2020
Primary focus on FMG Capital.
Member
2022
Members of MoVi participate in a diverse network of professionals and innovators across a spectrum of disciplines to collectively learn, solve problems, and motivate each other to deepen our understanding of the world.
Principal
2022 - 2022
XRC Ventures is a venture capital fund and accelerator for the next generation of disruptors in the retail tech, consumer goods, and consumerization of healthcare sectors.
Founder
2019 - 2022
Global frontier markets impact investing.
Co-Lead
2019 - 2020
(www.startupboost.org ) A global tech startup pre-accelerator aimed at working with competitive early-stage entrepreneurs to prepare them for accelerator programs, seed investment and revenue through a 6-week part-time program. Each program is lead by chapter directors with Startup Boost cities including Detroit, Dublin, Los Angeles, Chicago, New York, Pittsburgh, London, and Toronto.
Associate
2019 - 2020
ID Ventures provides investment capital and resources to early-stage, high-growth companies in the Detroit region and throughout Michigan. IDV manages three investment funds and has invested in over 120 Michigan-based start-ups. Deploying $3M+ in capital per year, IDV is one of the most active pre-seed through early-A funders in the Great Lakes region. Our team is committed to supporting the entrepreneurial ecosystem with capital, on-going mentorship, and community engagement. We implement targeted venture development programs to help build and promote scalable businesses in the region. Our commitment is building a robust tech community in Detroit and throughout Michigan. We are collectively focused on implementing an investment strategy that is inclusive and supportive of minority, immigrant, and women entrepreneurs.
Venture Capital Analyst
2018 - 2019
Fellow
2017 - 2020
Founder & Co-Chair
2019 - 2020
The Frontiers Forum is a global community of founders, investors and thinkers committed to building and supporting startups in frontier markets. We provide a platform for like-minded young professionals to share ideas, engage in stimulating forum discussions, publish original content, solicit mentorship, and build a diverse network. For more information, visit: https://www.frontiersforum.org/
Advisory Board Member
2019 - 2020
James and Patricia Anderson Engineering Ventures Institute Advisory Board Member