Fund-raising abroad: Trends and challenges

By Vivek Mimani and Rohit Jayaraman, Khaitan & Co
0
1903
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

Alternative asset managers are becoming increasingly important players in the global financial services industry. Their rise in prominence has led to greater global scrutiny of the alternative asset management industry and a concerted push by securities regulators to raise the standards that asset managers are held to. This push has been so successful that alternative asset management – traditionally an industry with minimal regulatory oversight – is now one of the most regulated industries in the world.

Vivek Mimani
Vivek Mimani

These developments have considerably changed the regulatory environment for Indian general partners (GPs) who are looking to market their India-focused funds to global investors. The defining feature of this new environment is the differing nature of global regulation, with some jurisdictions targeting the manager, some targeting the fund, and others targeting both the fund and the manager.

From a fund-raising perspective, the most important jurisdiction for an Indian GP remains the US, with newer classes of investors such as endowments and pension funds joining the traditional investor bases such as high net worth individuals and India-focused funds. The defining characteristic of US regulation of alternative investments is its focus on the investment manager.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

Vivek Mimani is a senior associate and Rohit Jayaraman is an associate at Khaitan & Co. Views are personal.

Khaitan & Co

One Indiabulls Centre, 13th Floor, Tower 1

841 Senapati Bapat Marg

Mumbai 400 013, India

Tel: +91 22 6636 5000

Email: mumbai@khaitanco.com

Bangalore | Kolkata | Mumbai | New Delhi

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link