Growing openness of large family-owned businesses to partnering with institutional investors is one of the biggest structural shifts in the Indian market, said Ravi Lambah, head of India at Temasek. “Every family wants to create long-term value,” Lambah told ET in an interview Wednesday. “If we can help strengthen governance, prepare businesses for IPOs, support … Read more
Family offices are increasingly investing more in venture capital firms that back early-stage startups, departing from their traditional playbook of focusing on IPO-ready or pre-IPO funding rounds that deliver faster returns, said fund managers and investment advisors. While family offices mostly allocate only $2-8 million to such VC funds, the investments open up crucial access … Read more
India’s markets regulator has begun discussions on bringing family offices under its oversight, as the nation’s billionaires become a growing force on exchanges, according to people familiar with the matter. The discussions include asking family offices to disclose their entities, assets and investment returns for the first time, as well as a separate category to … Read more