A Mint article quotes Venture Intelligence data from our Funds Database, covering first-time fund managers in the market:
Trends quoted in the article:
1. First-time fund managers are wooing LPs as anchor investors by offering them sweeter deals - fee or carry discount.
2. LPs look un-favourably on team breakouts. When partner-level fund managers walk out of established firms, it reflects poorly on all parties.
3. Separately-managed accounts, mandates established by a single LP and one investment manager are on the rise.
Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.