CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: India’s apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), today announced the launch of #AltCap101 — a premier knowledge-sharing programme for fund managers in alternate capital. Organised in collaboration with IC Universal Legal, Advocates & Solicitors (ICUL) and EY India, this advanced learning platform will provide strategic insights to seasoned and emerging fund managers, helping them navigate the dynamic world of alternate capital. Built upon the success of IVCA’s #VC101 in 2023, #AltCap101 is the next step in IVCA’s mission to provide insights and training for senior partners in the alternate capital ecosystem.
Scheduled to take place on 17th October 2024 in Mumbai, this specialised learning and knowledge-sharing programme will bring together Senior Management teams and CXOs of venture capital funds (VCs), micro-VCs, private equity (PE) funds, institutional investors, family offices, corporate venture capitalists (CVCs), and limited partners (LPs). For fund managers looking to make gains in alternate capital, this is an unparalleled opportunity to network with stalwarts of the financial ecosystem. It comes at a pivotal moment, as India’s alternate capital industry has been undergoing a remarkable transition. According to industry estimates, over the past decade and a half, India’s private capital assets under management (AUM) has more than tripled, reaching a record $124.3bn by the end of 2023.
Rajat Tandon, President, IVCA, placed emphasis on the programme’s importance as success in today’s alternate capital landscape demands more than just technical expertise, “#AltCap101 is designed to equip fund managers with a comprehensive understanding of the ecosystem, while providing a deep dive into the resources needed to thrive in today’s financial landscape. The sessions, led by subject matter experts, will cover topics such as leveraging technology and AI in fund management, and conducting due diligence for effective risk management. Participants will move beyond the basics, gaining actionable insights into the alternate capital space, positioning India as a global hub for fund management.”
Tejesh Chitlangi, Joint Managing Partner, ICUL highlighted the importance of the timing of the programme, “#AltCap101 is designed to practically explain the finer nuances of the plethora of changes the Indian as well as global legal-regulatory regimes have undergone over a short span of time. Regulators expect letter as well as in-spirit compliances by the Funds and the GPs need to be absolutely on top of these frequent developments as the same would be critical from a risk management/mitigation perspective. Also, navigating the ever-evolving dynamics of the LP-GP relationships, exploring innovative fund structures need careful examination and strategizing. All these and many more topics in the form of practical examples and case studies will be discussed during the programme, which should benefit the entire Fund eco-system.”
