Light at the end of the tunnel
Indian private equity has taken a beating in recent years. As the excesses of the industry’s overcrowded GP population catches up with the realities of a sluggish economy and a weakening currency, it is no surprise that fundraising has been slower in the last few years.
A lot of the troubled GPs, many whom probably shouldn't have been in the PE business in the first place, find they are unable to attract new capital commitments and many are now consigned to a slow death....
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