Scaled and experienced player in the large and expanding Indian real assets and private credit market.
Diversified, multi-strategy platform offering a wide range of alternative investments products, with a
consistent track record.
Diverse and longstanding client base with significant potential to scale their commitments.
Technology-enabled institutional platform.
Dedicated portfolio operating and management platform.
Comprehensive risk management systems.
Led by a seasoned management team with extensive industry experience.
Our Variable Additional Return constitutes 32.41%, 27.54%, 30.14%, 24.25% and 16.19% of our Total
Income for the three months period ended June 30, 2026, June 30, 2025 and Financial Years 2026,
2025 and 2024, respectively. Further, the realized Variable Additional Return may be different from
our Variable Additional Return recognized on a year-on-year basis and the timing and receipt of
Variable Additional Return are unpredictable and contribute to volatility in our cash flows.
Our revenue and profit are dependent on our Management and Advisory Fees, GP Income and the
Variable Additional Return we earn with respect to the funds managed by us, and any adverse factors
affecting our Management and Advisory Fees, GP Income or our Variable Additional Return may
result in a decline in our income and profit.
Our historical growth rates may not be indicative of our future growth and if we do not manage our
growth effectively, our financial performance could be adversely affected.
Valuation methodologies for certain assets can be subject to significant subjectivity, and the values of
assets may never be realized.
We do not have any directly comparable Indian listed peers, which may affect investor perception and
valuation of our business.
Our clients may not honor their capital calls, which could adversely affect our ability to invest, and in
turn affect our fund's operations and performance. Further, we are exposed to concentration risks
related to our clients, which could impact the performance and stability of our funds.
Our Group Companies and Promoters are subject to purview of various authorities such as SEBI,
RBI and tax authorities which may result in financial penalties, additional compliances and
regulatory restrictions.
We have experienced negative cash flows in the past and prolonged negative cash flow could adversely
affect our financial condition and business operations.
The timing and receipt of Variable Additional Return are unpredictable and contribute to volatility in
our cash flows.
We are subject to certain risks associated with the actions of our distributors or placement agents. Any
mismanagement in handling our relationships with our distributors or placement agents could have
a material adverse effect on our business, financial condition and results of operations.
