Prashant Khemka – the former head of EM equity at Goldman Sachs Asset Management – is exploring the possibility of bringing his India-focused fund to a Ucits investor audience, Citywire Selector can reveal.
The firm’s flagship fund is a Mauritius-domiciled vehicle, which operates on a high conviction approach in the Indian equity market, but Khemka told Citywire Selector he has now made moves towards opening it out to a wider onshore investor audience.
‘Now we are advising an offshore fund vehicle which is available to international institutional investors. Though we are exploring, given the interest, in a more accessible product for European markets and are exploring new vehicles.
‘So on that, we have partnered with Capital-B Partners, which is an exciting partnership and these are people I have had the pleasure to work with in the past as part of my prior role. So, we would be looking forward to their advice on how to tap that interest.’
Capital B-Partners was formed by former Goldman Sachs colleagues Charlotte Grundman, Matt Mack and Dominick Peasley in 2015 to aid smaller, independent investment firms to reach wider audiences.
This is an excerpt from a longer video interview with Khemka which will appear on Citywire Selector shortly.