{"id":18584,"date":"2024-02-16T10:50:56","date_gmt":"2024-02-16T10:50:56","guid":{"rendered":"https:\/\/wpcms.chambers.com\/?post_type=legal-trends&#038;p=18584"},"modified":"2024-02-22T14:26:42","modified_gmt":"2024-02-22T14:26:42","slug":"considerations-for-indian-private-equity-funds-relating-to-corporate-governance","status":"publish","type":"legal-trends","link":"https:\/\/wpcms.chambers.com\/legal-trends\/considerations-for-indian-private-equity-funds-relating-to-corporate-governance\/","title":{"rendered":"Key Factors Considered by Private Equity Funds Amid the Recent Corporate Governance and Valuation Issues | India"},"content":{"rendered":"\n<p>Sidharrth Shankar and Vikram Raghani, both partners at JSA as well as co-chairs of the corporate practice at the firm, interview Mrinal Chandran, general counsel at India Resurgence Fund. In this discussion, the interviewers aimed to learn about the key factors considered by private equity funds concerning corporate governance.<\/p>\n\n\n\n\n\n<iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/3OcdBekgobU?si=aUkmPwSKAwTv04ID\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen=\"\"><\/iframe>\n\n\n\n<p>For companies that are well governed and managed, ESG has become a prominent aspect in the modern investment ecosystem. The alternative space is evolving, and a lot of things have changed in terms of how funds are assessed. Investing is no longer just about the entry and exit, the multiplication and the opportunity. It is about risk reputation.<\/p>\n\n\n\n<ul><li>How do you monitor?<\/li><li>How do you govern these companies?<\/li><li>What kinds of internal controls and internal audits are there?<\/li><li>What are the systems set in place in these companies?<\/li><\/ul>\n\n\n\n<p>These are all value accretive. They are not \u201ccheck the box for compliance\u201d anymore. For example, if you have a process in terms of governance, it is not just about compliance. Building good, strong teams and good governance structures together show that the particular company is well operated.<\/p>\n\n\n\n\n\n<p>With the road to renewables being so prominent on the global stage, and people\u2019s awareness constantly growing on the matter, companies cannot avoid seriously addressing this issue, with or without appropriate legislation.<\/p>\n\n\n\n\n\n<p>A vast amount of time is spent on ESG compliance during deals. Investors have ESG committees, and they require portfolios to form ESG committees upon investment entrance.<\/p>\n\n\n\n<p>Governance has increasingly become a key milestone and a differentiator for the top-end funds. The funds that are really doing well and are able to raise \u201cglobal money\u201d, will have sound governance structures in place.<\/p>\n\n\n\n\n\n\n","protected":false},"featured_media":0,"template":"","meta":[],"publication":[],"locations":[],"blocks":[{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p>Sidharrth Shankar and Vikram Raghani, both partners at JSA as well as co-chairs of the corporate practice at the firm, interview Mrinal Chandran, general counsel at India Resurgence Fund. In this discussion, the interviewers aimed to learn about the key factors considered by private equity funds concerning corporate governance.<\/p>\n","innerContent":["\n<p>Sidharrth Shankar and Vikram Raghani, both partners at JSA as well as co-chairs of the corporate practice at the firm, interview Mrinal Chandran, general counsel at India Resurgence Fund. In this discussion, the interviewers aimed to learn about the key factors considered by private equity funds concerning corporate governance.<\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/chambers-media-list","attrs":{"media-list":"%5B%7B%22image%22:%7B%22alt%22:%22%22,%22title%22:%22Sidharrth-Shankar-profile-picture-circ%22,%22caption%22:%22%22,%22description%22:%7B%22raw%22:%22%22,%22rendered%22:%22%3Cp%20class=%5C%22attachment%5C%22%3E%3Ca%20href='https:\/\/wpcms.chambers.com\/wp-content\/uploads\/2023\/11\/Sidharrth-Shankar-profile-picture-circ.jpg'%3E%3Cimg%20width=%5C%22300%5C%22%20height=%5C%22300%5C%22%20src=%5C%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2023\/11\/17145341\/Sidharrth-Shankar-profile-picture-circ-300x300.jpg%5C%22%20class=%5C%22attachment-medium%20size-medium%5C%22%20alt=%5C%22%5C%22%20srcset=%5C%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2023\/11\/17145341\/Sidharrth-Shankar-profile-picture-circ-300x300.jpg%20300w,%20https:\/\/assets.chambers.com\/wp-content\/uploads\/2023\/11\/17145341\/Sidharrth-Shankar-profile-picture-circ-120x120.jpg%20120w,%20https:\/\/wpcms.chambers.com\/wp-content\/uploads\/2023\/11\/Sidharrth-Shankar-profile-picture-circ.jpg%20450w%5C%22%20sizes=%5C%22(max-width:%20300px)%20100vw,%20300px%5C%22%20\/%3E%3C\/a%3E%3C\/p%3E%5Cn%22%7D,%22id%22:18585,%22link%22:%22https:\/\/wpcms.chambers.com\/?attachment_id=18585%22,%22url%22:%22https:\/\/wpcms.chambers.com\/wp-content\/uploads\/2023\/11\/Sidharrth-Shankar-profile-picture-circ.jpg%22,%22sizes%22:%22%22%7D,%22title%22:%22Sidharrth%20Shankar%22,%22buttonName%22:%22View%20profile%22,%22buttonUrl%22:%22https:\/\/chambers.com\/lawyer\/sidharrth-shankar-asia-pacific-8:1169309%22,%22content%22:%22Ranked%20in%20Chambers%20Asia-Pacific%22%7D,%7B%22image%22:%7B%22alt%22:%22%22,%22title%22:%22mrianl-chandran-circ%22,%22caption%22:%22%22,%22description%22:%7B%22raw%22:%22%22,%22rendered%22:%22%3Cp%20class=%5C%22attachment%5C%22%3E%3Ca%20href='https:\/\/wpcms.chambers.com\/wp-content\/uploads\/2023\/11\/mrianl-chandran-circ.jpg'%3E%3Cimg%20width=%5C%22300%5C%22%20height=%5C%22300%5C%22%20src=%5C%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2023\/11\/17150632\/mrianl-chandran-circ-300x300.jpg%5C%22%20class=%5C%22attachment-medium%20size-medium%5C%22%20alt=%5C%22%5C%22%20srcset=%5C%22https:\/\/assets.chambers.com\/wp-content\/uploads\/2023\/11\/17150632\/mrianl-chandran-circ-300x300.jpg%20300w,%20https:\/\/assets.chambers.com\/wp-content\/uploads\/2023\/11\/17150632\/mrianl-chandran-circ-120x120.jpg%20120w,%20https:\/\/wpcms.chambers.com\/wp-content\/uploads\/2023\/11\/mrianl-chandran-circ.jpg%20318w%5C%22%20sizes=%5C%22(max-width:%20300px)%20100vw,%20300px%5C%22%20\/%3E%3C\/a%3E%3C\/p%3E%5Cn%22%7D,%22id%22:18586,%22link%22:%22https:\/\/wpcms.chambers.com\/?attachment_id=18586%22,%22url%22:%22https:\/\/wpcms.chambers.com\/wp-content\/uploads\/2023\/11\/mrianl-chandran-circ.jpg%22,%22sizes%22:%22%22%7D,%22title%22:%22Mrinal%20Chandran%22,%22buttonName%22:%22%22,%22buttonUrl%22:%22https:\/\/chambers.com\/law-firm\/jsa-asia-pacific-8:3216%22,%22content%22:%22%22%7D%5D","blockId":"Z1Q6TL7","blockUniqueClass":"lazyblock-chambers-media-list-Z1Q6TL7"},"innerBlocks":[],"innerHTML":"","innerContent":[]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/html","attrs":[],"innerBlocks":[],"innerHTML":"\n<iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/3OcdBekgobU?si=aUkmPwSKAwTv04ID\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen=\"\"><\/iframe>\n","innerContent":["\n<iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/3OcdBekgobU?si=aUkmPwSKAwTv04ID\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen=\"\"><\/iframe>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p>For companies that are well governed and managed, ESG has become a prominent aspect in the modern investment ecosystem. The alternative space is evolving, and a lot of things have changed in terms of how funds are assessed. Investing is no longer just about the entry and exit, the multiplication and the opportunity. It is about risk reputation.<\/p>\n","innerContent":["\n<p>For companies that are well governed and managed, ESG has become a prominent aspect in the modern investment ecosystem. The alternative space is evolving, and a lot of things have changed in terms of how funds are assessed. Investing is no longer just about the entry and exit, the multiplication and the opportunity. It is about risk reputation.<\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/list","attrs":[],"innerBlocks":[],"innerHTML":"\n<ul><li>How do you monitor?<\/li><li>How do you govern these companies?<\/li><li>What kinds of internal controls and internal audits are there?<\/li><li>What are the systems set in place in these companies?<\/li><\/ul>\n","innerContent":["\n<ul><li>How do you monitor?<\/li><li>How do you govern these companies?<\/li><li>What kinds of internal controls and internal audits are there?<\/li><li>What are the systems set in place in these companies?<\/li><\/ul>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p>These are all value accretive. They are not \u201ccheck the box for compliance\u201d anymore. For example, if you have a process in terms of governance, it is not just about compliance. Building good, strong teams and good governance structures together show that the particular company is well operated.<\/p>\n","innerContent":["\n<p>These are all value accretive. They are not \u201ccheck the box for compliance\u201d anymore. For example, if you have a process in terms of governance, it is not just about compliance. Building good, strong teams and good governance structures together show that the particular company is well operated.<\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/chambers-quote","attrs":{"quote":"<p><em><em>Investors are actually willing to pay a premium for well-run companies<\/em>. <\/em>(Mrinal Chandran, 4:32 \u2013 4:40)<\/p>","blockId":"oQmFG","blockUniqueClass":"lazyblock-chambers-quote-oQmFG"},"innerBlocks":[],"innerHTML":"","innerContent":[]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p>With the road to renewables being so prominent on the global stage, and people\u2019s awareness constantly growing on the matter, companies cannot avoid seriously addressing this issue, with or without appropriate legislation.<\/p>\n","innerContent":["\n<p>With the road to renewables being so prominent on the global stage, and people\u2019s awareness constantly growing on the matter, companies cannot avoid seriously addressing this issue, with or without appropriate legislation.<\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/chambers-quote","attrs":{"quote":"<p><em style=\"font-size: inherit;\"><em><em>ESG is becoming very, very important. It is becoming central to the investment agenda. It\u2019s no longer just a compliance item<\/em>. <\/em><\/em>(Mrinal Chandran, 16:59 \u2013 17:09)<\/p>","blockId":"1v8cPv","blockUniqueClass":"lazyblock-chambers-quote-1v8cPv"},"innerBlocks":[],"innerHTML":"","innerContent":[]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p>A vast amount of time is spent on ESG compliance during deals. Investors have ESG committees, and they require portfolios to form ESG committees upon investment entrance.<\/p>\n","innerContent":["\n<p>A vast amount of time is spent on ESG compliance during deals. Investors have ESG committees, and they require portfolios to form ESG committees upon investment entrance.<\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"core\/paragraph","attrs":[],"innerBlocks":[],"innerHTML":"\n<p>Governance has increasingly become a key milestone and a differentiator for the top-end funds. The funds that are really doing well and are able to raise \u201cglobal money\u201d, will have sound governance structures in place.<\/p>\n","innerContent":["\n<p>Governance has increasingly become a key milestone and a differentiator for the top-end funds. The funds that are really doing well and are able to raise \u201cglobal money\u201d, will have sound governance structures in place.<\/p>\n"]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/chambers-header","attrs":{"header":"JSA","headerLevel":"3","blockId":"Z14r8uC","blockUniqueClass":"lazyblock-chambers-header-Z14r8uC"},"innerBlocks":[],"innerHTML":"","innerContent":[]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/chambers-media-list","attrs":{"media-list":"%5B%7B%22image%22:%7B%22alt%22:%22%22,%22title%22:%22JSA-Logo-210x144-1%22,%22caption%22:%22%22,%22description%22:%7B%22raw%22:%22%22,%22rendered%22:%22%3Cp%20class=%5C%22attachment%5C%22%3E%3Ca%20href='https:\/\/wpcms.chambers.com\/wp-content\/uploads\/2023\/11\/JSA-Logo-210x144-1.jpg'%3E%3Cimg%20width=%5C%22210%5C%22%20height=%5C%22144%5C%22%20src=%5C%22https:\/\/wpcms.chambers.com\/wp-content\/uploads\/2023\/11\/JSA-Logo-210x144-1.jpg%5C%22%20class=%5C%22attachment-medium%20size-medium%5C%22%20alt=%5C%22%5C%22%20\/%3E%3C\/a%3E%3C\/p%3E%5Cn%22%7D,%22id%22:18588,%22link%22:%22https:\/\/wpcms.chambers.com\/?attachment_id=18588%22,%22url%22:%22https:\/\/wpcms.chambers.com\/wp-content\/uploads\/2023\/11\/JSA-Logo-210x144-1.jpg%22,%22sizes%22:%22%22%7D,%22buttonName%22:%22View%20firm%20profile%22,%22buttonUrl%22:%22https:\/\/chambers.com\/law-firm\/jsa-asia-pacific-8:3216%22,%22title%22:%2215%20ranked%20departments%20and%2021%20ranked%20individuals%22,%22content%22:%22Find%20out%20more%20about%20the%20firm's%20ranking%20in%20Chambers%20Asia-Pacific%22%7D%5D","blockId":"1y9BIe","blockUniqueClass":"lazyblock-chambers-media-list-1y9BIe"},"innerBlocks":[],"innerHTML":"","innerContent":[]},{"blockName":null,"attrs":[],"innerBlocks":[],"innerHTML":"\n\n","innerContent":["\n\n"]},{"blockName":"lazyblock\/promo-block","attrs":{"title":"Chambers In Focus Newsletter","content":"Sign up for our newsletter and never miss out on thought leadership content from legal experts and the key stories driving the legal profession forward.","button-title":"Sign up here","button-url":"https:\/\/crm.chambers.com\/l\/854103\/2023-07-05\/h7hd2","blockId":"Z1pagEe","blockUniqueClass":"lazyblock-promo-block-Z1pagEe"},"innerBlocks":[],"innerHTML":"","innerContent":[]}],"new_scheduled_revision":null,"save_as_revision":null,"acf":{"media_type":"video","sponsored_page":false,"index_page":"","firm_page_url":"https:\/\/chambers.com\/law-firm\/jsa-asia-pacific-8:3216","useful_links":false,"social_sharing_post_options":{"alignment":"left","sticky":false},"title":"","sponsors_list":{"sponsors":false,"showhide_borders":false},"template":{"name":"text-rich-media","sticky_sidebar":true},"hero_title":"","hero_image":false,"hero_retina_image":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v15.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"Gain insights into the key considerations evaluated by private equity funds in response to India&#039;s corporate governance and valuation issues.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private Equity Funds in India | Chambers Expert Focus\" \/>\n<meta property=\"og:description\" content=\"Gain insights into the key considerations evaluated by private equity funds in response to India&#039;s corporate governance and valuation issues.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wpcms.chambers.com\/legal-trends\/considerations-for-indian-private-equity-funds-relating-to-corporate-governance\/\" \/>\n<meta property=\"og:site_name\" content=\"Chambers and Partners | Researching Outstanding Lawyers Globally | chambers.com\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-22T14:26:42+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wpcms.chambers.com\/#website\",\"url\":\"https:\/\/wpcms.chambers.com\/\",\"name\":\"Chambers and Partners | Researching Outstanding Lawyers Globally | chambers.com\",\"description\":\"Chambers and Partners identifies and ranks the most outstanding law firms and lawyers in over 180 jurisdictions throughout the world.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/wpcms.chambers.com\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wpcms.chambers.com\/legal-trends\/considerations-for-indian-private-equity-funds-relating-to-corporate-governance\/#webpage\",\"url\":\"https:\/\/wpcms.chambers.com\/legal-trends\/considerations-for-indian-private-equity-funds-relating-to-corporate-governance\/\",\"name\":\"Private Equity Funds in India | Chambers Expert Focus\",\"isPartOf\":{\"@id\":\"https:\/\/wpcms.chambers.com\/#website\"},\"datePublished\":\"2024-02-16T10:50:56+00:00\",\"dateModified\":\"2024-02-22T14:26:42+00:00\",\"description\":\"Gain insights into the key considerations evaluated by private equity funds in response to India's corporate governance and valuation issues.\",\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wpcms.chambers.com\/legal-trends\/considerations-for-indian-private-equity-funds-relating-to-corporate-governance\/\"]}]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_title":null,"yoast_meta":[{"name":"description","content":"Gain insights into the key considerations evaluated by private equity funds in response to India&#039;s corporate governance and valuation issues."},{"name":"robots","content":"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1"},{"property":"og:locale","content":"en_GB"},{"property":"og:type","content":"article"},{"property":"og:title","content":"Private Equity Funds in India | Chambers Expert Focus"},{"property":"og:description","content":"Gain insights into the key considerations evaluated by private equity funds in response to India&#039;s corporate governance and valuation issues."},{"property":"og:url","content":"https:\/\/wpcms.chambers.com\/legal-trends\/considerations-for-indian-private-equity-funds-relating-to-corporate-governance\/"},{"property":"og:site_name","content":"Chambers and Partners | Researching Outstanding Lawyers Globally | chambers.com"},{"property":"article:modified_time","content":"2024-02-22T14:26:42+00:00"},{"name":"twitter:card","content":"summary_large_image"}],"yoast_json_ld":[{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/wpcms.chambers.com\/#website","url":"https:\/\/wpcms.chambers.com\/","name":"Chambers and Partners | Researching Outstanding Lawyers Globally | chambers.com","description":"Chambers and Partners identifies and ranks the most outstanding law firms and lawyers in over 180 jurisdictions throughout the world.","potentialAction":[{"@type":"SearchAction","target":"https:\/\/wpcms.chambers.com\/?s={search_term_string}","query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/wpcms.chambers.com\/legal-trends\/considerations-for-indian-private-equity-funds-relating-to-corporate-governance\/#webpage","url":"https:\/\/wpcms.chambers.com\/legal-trends\/considerations-for-indian-private-equity-funds-relating-to-corporate-governance\/","name":"Private Equity Funds in India | Chambers Expert Focus","isPartOf":{"@id":"https:\/\/wpcms.chambers.com\/#website"},"datePublished":"2024-02-16T10:50:56+00:00","dateModified":"2024-02-22T14:26:42+00:00","description":"Gain insights into the key considerations evaluated by private equity funds in response to India's corporate governance and valuation issues.","inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wpcms.chambers.com\/legal-trends\/considerations-for-indian-private-equity-funds-relating-to-corporate-governance\/"]}]}]}],"_links":{"self":[{"href":"https:\/\/wpcms.chambers.com\/wp-json\/wp\/v2\/legal-trends\/18584"}],"collection":[{"href":"https:\/\/wpcms.chambers.com\/wp-json\/wp\/v2\/legal-trends"}],"about":[{"href":"https:\/\/wpcms.chambers.com\/wp-json\/wp\/v2\/types\/legal-trends"}],"wp:attachment":[{"href":"https:\/\/wpcms.chambers.com\/wp-json\/wp\/v2\/media?parent=18584"}],"wp:term":[{"taxonomy":"publications","embeddable":true,"href":"https:\/\/wpcms.chambers.com\/wp-json\/wp\/v2\/publication?post=18584"},{"taxonomy":"locations","embeddable":true,"href":"https:\/\/wpcms.chambers.com\/wp-json\/wp\/v2\/locations?post=18584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}