Founders

Rajiv Lall and Donald Peck founded Lok Capital with the goal of helping/contributing to build the institutional eco-system for social impact investing in India.
India is potentially the world’s largest and most innovative market for social enterprises; enterprises that have a broader social impact while being financially self sustaining.
Rajiv and Donald’s engagement with Lok Capital is purely philanthropic.

  • Rajiv B. Lall
  • Donald Peck

Rajiv B. Lall

With over three decades of enriching experience, Rajiv B.Lall founded Lok Capital. He has contributed tremendously in various roles such as an investor and advisor with Warburg Pincus in Singapore and New York; as an economist and policy advisor with Morgan Stanley in Hong Kong, the World Bank in Washington, D.C., the Asian Development Bank in Manila, Philippines, and in academia.

Since January 2005, he is at the helm of IDFC (Infrastructure Development Finance Company), India as the MD & CEO.

Prior to this Rajiv was with Warburg Pincus, one of the largest private equity firms in the world from 1997 till 2004. There he focused on investing in financial services, strategy decisions on a global basis and the firm’s portfolio allocation. Rajiv has represented the firm on the board of a number of portfolio companies and is member of the firm’s Economics Advisory Committee.

He completed his BA from the University of Oxford as well as a Ph.D. in Economics from Columbia University.

Donald Peck

As a mentor, Donald co-founded Lok Capital in the year 2006.

The three titles that best describe Donald’s 30-year experience in emerging markets are as a business advisor, an investor and an emerging markets economist. This also includes the 12 years he spent in building venture capital businesses in India. Donald also advises a number of UK charities on projects in environment, health and education in developing countries, particularly Asia.

Until 2008, Donald looked after a South Asian venture capital portfolio of over $1 bn for the UK Government-owned Commonwealth Development Corporation (CDC). He was also a founding partner of Actis and director of CDC. Before joining CDC, from 1978-88, Donald advised companies investing in Latin America, followed by a stint where he himself invested in the emerging markets of South America and Eastern Europe at the World Bank Group in Washington.

Donald holds a D.Phil in History from the University of Oxford.