Many Indian hedge funds choose to set up a non-India main office in order to avoid many of the challenges with tax and regulatory structure. This list which also mention the primary strategy a particular fund promotes.
Reference Article: List Of Private Equity Funds in India
- Hudson Fairfax Group (HFG) Private Equity
- Avatar Investment Management (AIM) Private Equity,
- India Deep Value Fund Long Term Investments in Capital Markets and Real Estate
- Heritage Capital India Long-short Equity
- Fair Value Capital Traditional Invetment Approach, Event-based investments
- India Capital Fund Multi-strategy
- Monsoon Capital Indian Equities Investments
- Karma Capital Indian Equities Investments
- Atyant Capital Investment in Indian Equities and Precious Metals
- Atlantis Asstes Management across Asia
- Baer Capital Partners Private Equity, Equity Investments
- Brahma Capital Broard Asset Management
- Eight Capital Alternative Investments
- EM Capital Management Emerging Markets
- Evolvence Capital Alternative Investments
- Fulcrum Investment Group, LLC Alternative Investments
- Greenwich Advisors Diversified Indian markets
- Helios Capital Management Long-short Equity
- World Quant Multi-strategy
- Jina Ventures Private Equity, M&A
- Och-Ziff Alternative Investments
- Sandstone Capital Equity Investments

{ 10 comments… read them below or add one }
Passage to India
Slowly but surely, India hedge funds are beginning to offer the kind of strategies that can attract big fish such as London hedge fund giant Man Group, whose fund of hedge funds business could make its first direct allocation to an Indian hedge fund within a year, according to Asia business head Patric Gysin.
Nice Article, read here: http://www.hfmweek.com/features/576312/passage-to-india.thtml
The actual article is quite dated as much of these funds do not exist anymore and also the strategy breakdowns are not quite accurate. There are a few groups which have tracked the HF industry in India for quite some time now and believe there are nearly 92 funds which invest in India under the 2/20 structure.
Murad…
I checked each of their website… They’re managed by Indians and almost all have offices in India. Couldn’t suspect that they’ve shut down operation with websites still in place. I couldn’t find it possible to make a accurate strategy breakdown since they shift and overlap strategies without much transparency. Thanks for reminding, will revise today the list to make it more useful.
Yes I know a lot of Hedge Funds which invest in India but here trying to list only those which have a research/trade operations office in India.
this is much useful
thanks
hi, can anybody explain why there are so few hedge funds in india?
To Murad: can you please tell more about your list?
I also believe this fund is dated and not accurate as I work for a India L/S equity fund – Heritage Capital India (which should be added to the list).
Hi MS, thanks for your input. I compiled the list using information from their websites.
Help me guys to keep it updated.
Also some irritating spam websites have published their list of funds which are outdated and do not own a single office in India.
hedge funds in India practically do not exist