Opportunity in adversity

Despite chaos in world markets, participants at PEI's inaugural India Forum in Mumbai argued that the asset class would not only weather the storm, but emerge stronger.

If the prevailing mood at the inaugural Private Equity International India Forum 2008 in Mumbai was anything to go by, turmoil in financial markets across the world has not deterred Indian GPs. Talk at the event centred on making the most of the opportunities presented by changing times.

The meeting was co-hosted with the India Venture Capital Association and Emerging Markets Private Equity Association (EMPEA) and was sponsored by ICICI Venture, IDFC, IL&FS, Sage Capital, Dubai International Capital and law firms Clifford Chance, SJ Berwin, Akin Gump and Nishith Desai.

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