Recent Trends in Structuring India Focused Investment Platforms & Negotiating Key Terms

WEDNESDAY, SEPTEMBER 18, 2019

SESSION: 02:30 PM - 05:00 PM (SGT)

VENUE: The Gilmour Room, Singapore Cricket Club.

 

Introduction

On the sidelines of Milken Asia Summit 2019 from 19-21st of September, we are pleased to present a special roundtable to discuss on structuring India focused investment platforms. Singapore is now firmly established as the jurisdiction of choice for implementing a pan-Asian asset management platform. Singapore has emerged as the largest source of foreign direct investment into India and is very commonly used to pool investors for India focused structures.

The session will walk you through the fund structures, strategies and the tax and regulatory issues followed by a Q&A for the participating delegates.

Detailed guidance would be provided as we delve deep into issues around fund formation and fund investment.

Focus Area

  • What types of India-focussed strategies are actively looking at Singapore as a pooling destination?
  • What structures can be considered for setting up India focused credit funds?
  • How does the introduction of S-VACC regime change structuring options for India-focussed Singapore-based funds?
  • With the Government of India intent on ‘onshoring’ the ‘offshore’ through Gujarat
  • International Finance Tec-City (“GIFT”), based structures and solutions, what are the benefits and considerations for setting up a platform in GIFT?
  • How are Singapore based funds and fund managers affected by recent regulatory and taxation changes for FPIs?
  • How does the impending application of the MLI to the India-Singapore tax treaty affect structuring considerations?

Program

02:00 PM – 02:30 PM :

Registration

02:30 PM – 03:30 PM :

Masterclass

03:30 PM – 04:00 PM :

Q&A

04:00 PM – 05:00 PM :

High Tea & Networking

Speakers

Nishith Desai

Founder

Nishith Desai Associates

Nishith Desai is the founder of the research & strategy driven international law firm, Nishith Desai Associates. Nishith himself is a renowned International Tax, Corporate, IP lawyer, researcher, published author and lecturer in leading academic institutions around the world. He specializes in the Financial Services sector and assisted Government of Mauritius and Government of India in launching their individual offshore financial centers. Soon after India opened up its economy to the outside world in 1991, he established the first five India Focused Funds and pioneered the roots of now burgeoning asset management industry. He played a seminal role in structuring several private equity funds in addition to structuring several domestic venture capital funds. The firm has now worked for over 1400 funds across all classes of assets.

Richie Sancheti

Head, Investment Funds

Nishith Desai Associates

Richie Sancheti leads the Funds Practice Group at Nishith Desai Associates and is based in Mumbai. With a strong background in funds, Richie advises on optimum structures for setting up onshore and offshore investment funds. He advises fund managers in connection with the formation, carry allocation program and governance of private funds. Richie specializes in all aspects of the formation and operation of venture capital, private equity and hedge funds that are focused on investing in India. Richie has extensive experience in designing fund structures and advising on “market” terms. Richie is also a member of the firm’s international tax and private equity investment practice groups and advises clients on matters including private equity transactions.

ViVEK KATHPALIA

Head, Singapore Office

Nishith Desai Associates

Vivek Kathpalia heads the Singapore office of research and strategy driven international law firm, Nishith Desai Associates. Vivek leads the firm's various initiatives across East Asia, including dynamic markets such as Japan and South Korea. Dividing his time between Singapore and India, Vivek co-leads the practices of Information Technology, Telecommunications, New Media and Education at NDA. Vivek has been advising clients in complex cross-border transactions including technology deals, M&A, PE investments, regulatory & commercial matters across various industries. Drawing upon his foundational experiences as a litigator, Vivek brings valuable insights to the transactional and advisory practice.

SRIKANTH VASUDEVAN

Senior Member, Investment Funds

Nishith Desai Associates

Srikanth Vasudevan is a senior member of the Investment Funds Practice and International Taxation Practice at Nishith Desai Associates. Srikanth has extensively advised on setting up of several leading offshore and onshore funds, carry structuring and captive investment platforms. Apart from fund formation and international taxation, he has also worked upon M&A, NBFC / ARC setups and advisory mandates, securities and exchange control law advisory mandates.