Bain Capital, LP is one of the world’s leading private multi‐asset alternative investment firms with over $95 billion of assets under management that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into several asset classes including private equity, credit, public equity and venture capital. With offices on four continents, our global team aligns our interests with those of our investors for lasting impact.
In Asia, the firm has invested $8 billion in 45 leading companies including Asia Pacific Medical Group, Camp Australia, Carver Korea, ChinaPnR, Daymon Worldwide, Domino's Pizza Japan, Emcure, Genpact, Gymboree China, Japan Wind Development, Jupiter Shop Channel, L&T Finance, Lionbridge, Macromill, MYOB, Only About Children, Ooedo Onsen, QuEST, Retail Zoo, Rise Education, Skylark and Yukiguni Maitake.
ChrysCapital is one of the largest and most established India-focused private equity firms ($3+bn AUM across 7 funds) with a very strong track record of investing in India (82 investments and 67 full exits). The firm has fully realized five successive funds with strong USD net returns – the only net exposure LPs currently have is to Fund VII (Fund VI DPI >1x), which is most likely unprecedented not just in India, but also in emerging markets in general. Overall, ChrysCapital has realized $5.3 billion from its 67 exits, which equates to a disproportionately high proportion of total realizations out of India – the firm’s track record is by far one of the strongest in the context of Indian private equity. The firm has achieved all this while maintaining one of the lowest loss ratios and fee drags in the industry (~15% fee-to-invested capital vs 20-25% for the industry).
Gaja Capital is a leading private equity firm in India’s mid-market. Gaja Capital is a high-touch and control focused firm with team of strong operating professionals. Gaja Capital seeks to partner with entrepreneurs and professionals to build the future champions of Indian economy in high growth sectors of education, financial services, consumer and healthcare. Gaja Capital is currently investing out of its third fund, a US$ 240 mn fund with commitments from marquee global investors US endowments, pension funds and foundations. The firm has an AUM of USD 450 mn including the previous two funds.
Gaja Capital was founded in 2004 by indigenous professionals with extensive operating and investing experience in India. With an exceptional network of some of India's most successful entrepreneurs, Gaja Capital has leveraged its deep local connect to partner with emerging businesses in India.
Hamilton Lane (NASDAQ: HLNE) is a leading alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. Dedicated to private markets investing for 26 years, the firm currently employs more than 330 professionals operating in offices throughout the U.S., Europe, Asia-Pacific, Latin America and the Middle East. With approximately $424 billion in total assets under management and supervision as of December 31, 2017, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis. For more information, please follow Hamilton Lane on Twitter: @hamilton_lane.
Madison India Capital is one of India’s leading private investment firms specializing in the consumer, business services, technology and financial services industries. Since we are specialists in our sectors of focus we are a value-added investor with a deep set of industry and capital markets relationships.
We strive to build long-term partnerships with talented management teams of high growth, market-leading, middle market companies in India. Each of the senior principals on our team has on average 20 years of experience operating or investing in companies in our industries of focus. We are backed by industry veterans, U.S. financial institutions, pension funds as well as global fund of funds.
NewQuest Capital Partners is Asia's leading dedicated secondaries fund manager with a presence in Hong Kong, Beijing, Mumbai and Tokyo. The firm specializes in providing alternative liquidity solutions to private equity owners of Asian assets, both directly and through bespoke fund solutions. The firm was established in 2011 from the spin out of Bank of America Merrill Lynch’s Asian Private Equity team. To date, NewQuest has raised capital commitments of US$1.25 billion through three funds and has acquired direct and indirect stakes in over 85 companies operating across a variety of industries in Asia.
Samena Capital is a principal investment group focusing on the Subcontinent, Asia, Middle East and North Africa (collectively, the SAMENA region). The firm has raised more than US$1.5 billion of capital since 2008 and has returned US$615 million to investors from over 45 full and partial exits.
Samena Capital currently manages total capital of approximately US$1.0 billion across three primary investment strategies: private equity, direct investments, and credit.
Samena Capital was established in 2008 by some of most prominent valuepreneurs from the SAMENA region and is today uniquely capitalised with equity of approximately US$80 million. Samena Capital currently manages capital across a range of closed-ended fund structures and is a Cayman Islands exempted company. It has three regulated investment advisors based in London (FCA), Dubai (DFSA) and Hong Kong (SFC).
Established in 2002, Standard Chartered Private Equity (“SCPE”) has invested over USD 5.7 billion in 90 companies across its target markets. Today, SCPE manages an AUM of over USD 2.4 billion. SCPE invests primarily in founder-led, entrepreneurial businesses. As a partner to its investee companies, SCPE leverages on its industry, consulting and financial backgrounds to create value by driving organic and acquisitive growth, executing prudent financial strategy and implementing best practices in governance, transparency and processes. By leveraging on the global expertise and local experience of over 50 investment professionals across 6 major cities, SCPE is an active owner that build market-leading companies across Asia, Africa and Middle East.
Tata is India’s largest and most diversified industrial grouping. Founded in 1868, the group has a long history of creating and nurturing businesses. The Tata group is made up of over 100 independent operating companies of which 29 are publicly listed and which together have an aggregate market capitalization of ~USD 145 billion (as at 31 March 2018). During the financial year 2016-17, the total revenue of Tata companies, was ~USD 100 billion. Tata is one of India's most trusted and highly respected business houses and is India's best recognized brand. Tata Capital’s private equity franchise benefits from this privilege and builds on the group's "leadership with trust" credo in supporting its investee companies.
The Tata Opportunities Fund (TOF) is a ~USD 600 million private equity fund raised predominantly from leading global institutions and is primarily focused on investing in India. TOF has a differentiated strategy of investing into proprietary deal situations leveraging Tata’s wide network and resources. TOF’s current investments span high growth markets within consumer, industrial, infrastructure, services and technology. Each of TOF’s portfolio companies has strong governance and management; a focused business strategy; highly respected Indian/global partners; and is a market leader of scale. Through an experienced team of private equity professionals and operating partners, TOF leverages Tata’s strong track record of generating shareholder returns. A follow-on fund of similar scale and strategy has been launched.
For more than 100 years, Kirkland & Ellis has been called upon to handle complex litigation, corporate, intellectual property, restructuring and counseling matters for global clients. Our principal goals have always been to provide the highest quality legal services available anywhere; to be an instrumental part of each client’s success; and to recruit, retain and advance the brightest legal talent. As the world’s largest law firm (ranked by total revenue), we have a strategic network of offices located in major business centers. Approximately 2,500 lawyers in varying practice areas work together as multilingual and multidisciplinary teams to provide the full-service capabilities our clients need for the legal matters they retain Kirkland to handle.
Kirkland has presented in Asia for more than 20 years and has been one of the most trusted law firms in the region. With the opening of the Kirkland Hong Kong office in 2006, Shanghai in 2009 and Beijing in 2013, our approximately 115 lawyers in Asia — most of whom are fluent in Mandarin — offer clients a full service Asia practice, ranging from complex and multi-jurisdictional corporate, restructuring, investment funds, capital markets and finance matters, to complicated litigation, government enforcement and investigations. Kirkland’s Asia practice has earned high regards by reputable legal publications in recent years, having won awards including “Private Equity Firm of the Year 2018” by IFLR Asia Awards and “Consumer M&A Legal Adviser of the Year 2017” by Mergermarket’s China M&A Awards. We are also awarded “Deal of the Year” and “Best Leveraged Finance Deal” by FinanceAsia Achievement Awards 2017, “M&A Deal of the Year: Southeast Asia” by The Asia Legal Awards 2018 and “Best Cross-border M&A Deal” by FinanceAsia China Awards 2018 for the privatization of Global Logistic Properties; “Capital Markets Deal of the Year” for the Qudian and Meitu’s IPO by Asia Business Law Journal 2017; and “Securities Deal of the Year (Equity)” for Sea Ltd.’s U.S. IPO by The Asia Legal Awards 2018.
L&L Partners is a leading full service law firm, with a team of over 300 counsels including 75 partners, with offices at New Delhi, Mumbai, Bengaluru and Hyderabad.
In keeping with the Firm’s legacy of offering exceptional legal solutions & client advice; teams at the Firm ensure that clients receive practical, innovative & cost-effective advice in a responsive manner, while upholding the highest ethical standards. Enormous amounts of knowledge, experience & commitment, successfully help close/ resolve complex & high value transactions & disputes, with practical & creative legal solutions.
Consistently ranked and globally recognized as leaders in the field, we adopt a forward-looking approach towards the practice of law, combining both conventional practice areas & emerging sectors, setting benchmarks and the highest technical standards within the legal fraternity.
Whilst handling clients across major industry practice areas & sectors, we provide legal guidance & assistance to a wide range of domestic & international clients as well as foreign firms, adding to a multitude of global clients.
Since its inception in 1991 which coincides with India’s economic liberalization, L&L has assisted numerous multinational corporations to set up their presence in India, and navigate the complex Indian legal system.
Offering kosher solutions to the complex legal issues, the Firm advises on transactions and matters involving Banking & Finance; Capital Markets; Competition & Anti-trust; Corporate Commercial and Mergers & Acquisitions; Dispute Resolution (Litigation & Arbitration); Anti-Corruption & Compliance; International Trade (WTO) Laws and Policy & Advisory; Project, Infrastructure & Energy; Tax (Direct & Indirect); Real Estate & Construction; Aerospace & Defence (Procurement & Production); Insurance & Re-Insurance; Intellectual Property - Patent & Trademark; Oil & Gas; Health & Pharmaceuticals; Private Equity & Venture Capital Investments.
Shardul Amarchand Mangaldas, founded on a century of legal achievement, is one of India’s leading full service law firms. Our mission is to enable business by providing solutions as trusted advisors through excellence, responsiveness, innovation, and collaboration.
We are one of India’s most well recognised firms, and are known globally for our integrated approach. We are one of India’s most well recognised firms, and are known globally for our integrated approach. Our 520 lawyers including 103 partners provide exceptional services across practice areas which include General Corporate, Merger & Acquisition, Private Equity, Banking & Finance, Insolvency & Bankruptcy, Competition Law, Dispute Resolution, Projects & Project Finance, Capital Markets, Tax, Intellectual Property and Venture Capital.
We are at the forefront of global and Indian M&A and private equity transactions, cutting edge high risk litigation and advice on strategically important matters across a spectrum of practices and industries for our multi-jurisdictional clients.
We have a pan India presence, with offices in seven cities across India - New Delhi, Mumbai, Gurugram, Bengaluru, Chennai, Ahmedabad and Kolkata.
Our practice areas:
Alea is a risk mitigation advisory firm. It focuses on assisting clients reduce reputation and operational concerns.
Alea’s professionals evaluate potential targets of investment opportunities. The firm has directed forensic reviews and due diligence assignments for private equity and hedge funds, corporations, listed companies, banks and sovereign funds.
Alea is ISO 9001:2015 QMS certified. It has a discrete network of confidential senior advisors associates developed over 30 years.
Service sectors include insurance, financial services, telecom, manufacturing, pharmaceutical, defence, real estate, retail, EPC, renewable energy, hospitality, education, logistics, diagnostics and healthcare.
Alea has offices in New Delhi, Gurgaon and Mumbai.
As Head of Private Investments at the Public Sector Pension Investment Board (PSP Investments), Guthrie Stewart oversees a growing portfolio of more than CA$27 billion invested in Private Equity and Infrastructure. The Private Investments group seeks to build long-term relationships and co-invests with operating platforms and other funds worldwide.
Prior to joining PSP Investments in September 2015, Mr. Stewart was a partner at one of Canada’s largest private equity buy-out and venture capital firms. He also held several executive roles in the telecommunications industry (international and mobile networks), including CEO, Teleglobe Canada and EVP, Global Development of Teleglobe Inc., and was a founding officer of what is now Bell Mobility. In addition, Mr. Stewart acted as a corporate director and advisor for various public and private enterprises, and was an Adjunct Professor and member of the Faculty Advisory Board of the McGill Desautels Faculty of Management.
Mr. Stewart has an MBA from INSEAD (Europe) and a law degree from Osgoode Hall Law School (Toronto), and he studied Honours Science at Queen’s University (Kingston). He also completed the ICD certification program for corporate directors through Rotman-McGill.
Raj Rao is a founding member and Partner at GIP. He leads GIP’s energy, power, water and waste related efforts in Europe and is based in London.
Mr. Rao led GIP’s investment in Borkum Riffgrund 2, CLH SA, East India Petroleum Limited, Vena Energy, Hornsey 1, Naturgy, Gode Wind 1, Saeta Yield / Bow Power and Transitgas.
He is also serves as the Chairman of the Investment Committee for GIP India’s infrastructure funds.
Prior to joining GIP in 2006, Mr. Rao was a Director with Credit Suisse, in the Mergers and Acquisitions Group specialising in energy and utilities transactions. Before joining Credit Suisse, Mr. Rao was a member of the project finance team within Barclays Capital in London, where he worked on several project and acquisition financing transactions in Europe. Previously, Mr. Rao worked within the Asian equity sales team of Kotak Securities (then an affiliate of Goldman Sachs) in Mumbai, India.
In his 24-year career, he has completed multiple transactions, including a number of complex mergers and acquisitions, privatizations, and financing transactions across the energy, waste and transport spectrum, in both OECD and emerging market countries.
Mr. Rao holds a Masters in Finance degree from the London Business School and an M.B.A. from Faculty of Management Studies, Delhi University. He is also a qualified electronics and telecommunications engineer.
Sanjay Nayar (Mumbai) joined KKR in 2009 and is a Member and CEO of KKR India. He is also a member of the Asia Portfolio Management Committee and Asian Investment Committee. He is on the board of KKR's portfolio companies Radiant Healthcare, Bharti Infratel, Magma Financial Services, and Coffee Day Holdings, and has had significant involvement with KKR's investment in Apollo Hospitals. He also supports expanding the range of KKR's credit and capital markets offerings across the region.
Prior to joining KKR, he served as CEO of Citigroup's Indian and South Asian operations and as a member of Citigroup’s Management Committee and Asia Executive Operating Committee. Currently, he is a member of the board of USISPF, and SEBI’s NISM Board of Governors. He serves on the boards of Washington D.C.-based EMPEA and the Indian School of Business (ISB), and is a founding member of the Brookings Foundation, India.
Mr. Nayar was additionally the deputy chairman of the Indian Banks Association (IBA) and served on the Committee of the Reserve Bank of India tasked with building the bank’s Centre for Advanced Financial Learning (CAFRAL). He was the co-chairman of the Banking Committee for the Federation of Indian Chambers of Commerce and Industry (FICCI) and served as the chairman of the Indian Private Venture Capital Association.
Juan Delgado-Moreira is a Vice Chairman at Hamilton Lane, based in the firm's Hong Kong office, where he is an Investment Committee member and oversees the firm's Asian investment activities and client relationships.
Prior to joining Hamilton Lane in 2005, Juan was an Investment Manager at Baring Private Equity Partners Ltd. in London, where he focused on mid-market private equity in Europe. Previously, Juan held senior research positions at UK institutions such as the University of Essex and was a lecturer and Fulbright Scholar at Stanford University. Juan began his career as an analyst in Madrid at the SEPI (formerly known as Instituto Nacional de Industria).
Mr. Delgado-Moreira received a Ph.D. in Research Methods/statistics and a B.A. in Political Science and Sociology from the Universidad Complutense de Madrid, Spain. He is a Chartered Financial Analyst, a member of the CFA Institute and the Securities Institute.
Khailee Ng is a Managing Partner of 500 Startups, a Silicon Valley-based venture capital firm. Beyond investing in Silicon Valley, 500 has set up more than a dozen funds in emerging markets, providing seed capital and growth programs to countries in the Middle East, Latin America, and Southeast Asia. Since 2010, the firm has invested in over 2,000 startups in 70 countries, in line with its goal of developing an inclusive and globally connected innovation economy.
With the firm, Mr. Ng has led over +100 investments in Southeast Asian tech startups, including Grab, Bukalapak, Carousell, and other regional champions. Prior to this, he was the founder of Groupsmore (acquired by Groupon) and Malaysia's largest online media company, Says.com (acquired by Media Prima).
As every industry continues to be disrupted by new technology and evolving consumer landscapes, Mr. Ng and 500 Startups specialize in discovering patterns of economic opportunity and investing in the entrepreneurs who will realize them. His investment activity and industry opinions are featured by Bloomberg, TechCrunch, Wall Street Journal, and Fortune, and the 500 Startups portfolio of companies have collectively raised over $10Billion USD.
Madhur Deep heads Strategy & Corporate Development for Alibaba Group in India where he builds and oversees the group ecosystem in India. Alibaba ecosystem in India today comprises payments (Paytm), B2C e-commerce (Paytm Mall, Big Basket), cross-border B2C (AliExpress), logistics (XpressBees), B2B e-commerce (alibaba.com), content (UC Web) and Alibaba Cloud. He led the expansion to markets of Turkey/Middle East and South Asia by investments in Trendyol and Daraz respectively.
Prior to joining Alibaba, Mr. Deep worked with McKinsey & Company. At McKinsey, Mr. Deep advised CXOs in leading organizations in India, US & SE Asia in achieving their strategic and operational aspirations. Before McKinsey, Mr. Deep worked with Goldman Sachs where hefa led buyouts in Europe and Asia.
Mr. Deep holds an MBA from the Indian Institute of Management (IIM), Bangalore, with a major in strategy and finance. Mr. Deep earned his bachelor’s in technology from the National Institute of Technology (NIT), Trichy.
In a career spanning over 30 years, Mohandas Pai has served in the areas of finance, accounting, information technology, human resources, education, social impact innovation, environmental conservation, policy formulation, heritage preservation, philanthropy, and the venture and startup ecosystem.
Mr. Pai is currently the Chairman of Aarin Capital, Chairman of Manipal Global Education, an Advisor to the Board of Manipal Education and Medical Group, a Member of the Board of Havells India, a Member of the Board of Ascendas Property Fund Trustee, the Trustee-Manager of Ascendas India Trust, Member of the Boards of Manipal University and the Institute of Public Enterprises, Chairman of FICCI Skills Committee, President of the All India Management Association, Chairman of the Regulatory and Financial Technology Committee of the Securities and Exchange Board of India (“SEBI”), Founder-Trustee of the Akshaya Patra Foundation, an Investment Committee Member of the SIDBI India Aspiration Fund and the India Fund of Funds, and a Member of the Board of the National Stock Exchange of India.
He was awarded the Padma Shri award by the President of India in 2015 and the Karnataka Rajyotsava Award in 2004.
He is the co-founder and Chairman of Aarin Capital, a private equity fund, that invests in companies and funds that focus on innovation in technology, education, health care, and life sciences. He has helped launch over 14 different investment vehicles across private equity and venture capital which have cumulatively invested in over 250 companies with a capital base of $400+ Million. He has worked with the Government of India to bring in a Startup Policy for the country, and the Governments of Karnataka, West Bengal, and Rajasthan on their respective Startup Policies for innovation and entrepreneurship. Mr. Pai is also an Investment Committee Member of the SIDBI India Aspiration Fund and the India Fund of Funds which has a corpus of $1.8 Billion. His family office has invested in over 30 different investment vehicles to grow the startup ecosystem in the country. He is consistently named as one of India’s top angel investors.
Mr. Pai currently serves on the Board of Manipal University, one of India’s leading educational institutions. He also serves on the Board of Institute of Public Enterprises in Hyderabad. He is the Chairman of Manipal Global Education Services Private Limited, which owns and manages technology, engineering, business, and medical universities in Malaysia, Nepal, Dubai, and Antigua. He headed the FICCI Higher Education Committee for over three years that created the Higher Education India 2030 report, now acknowledged as the leading thought paper in this domain.
Until 2011, Mr. Pai was a Member of the Board at Infosys, one of India’s largest software services companies. Mr. Pai joined Infosys in 1994 and was CFO from 1994 to 2006. He was voted ’CFO of the Year’ multiple times - ‘CFO of the Year’ in 2001 by IMA India, the ‘Best CFO in India’ award from Finance Asia in 2002, and ‘Best Chief Financial Officer in India’ in the Best Managed Companies poll conducted by Asia Money in 2004.
Mr. Pai has a keen interest in education, health, policy, heritage conservation, philanthropy, and civic engagement. In 2000, he co-founded the Akshaya Patra Foundation, Bangalore - a mid-day meal program for school children. Today, this program feeds over 1.6 million children each day in 13,500+ government schools across twelve Indian states. The mid-day meal program stands out as an exemplary private-public partnership program and has served over 2.5 Billion meals so far. It aims to feed 5 Million children daily by 2020, and is currently the largest mid-day meal program in the world.