Trends in Structuring India Focused Funds; LP-GP Negotiations

In 1H 2018 India focused funds saw a hectic fundraising and investment levels that was 44% higher than 1H 2017.1 Several topics came to the fore as fund managers raised their subsequent funds.  India continues to be a significant recipient of DFI allocation. With one or more DFIs or sovereign investors in the mix, the fund terms continue reflecting a more LP tilt in balance even for fund managers raising a Series III or a Series IV fund.