By IANS
Mumbai : India’s financial capital will witness the country’s first ever private equity fair – IPEX 2008 – to be held Feb 27.
IPEX 2008, organised by Yen Expo and Indian Institute of Management at Ahmedabad (IIM-A), will see over 25 companies showcasing their businesses to 150 private equity funds from India and abroad. It will be held at Hotel Grand Hyatt.
“IIM-A has been roped in to make a detailed company analysis of each applicant and shortlist the best 25 for the fair,” Sunil Shirole, senior investment banker in Yen Expo, told IANS.
Shirole said the fair would help mid-sized companies who find it difficult to attract private equity investors, as they are unable to present their business plan in a format that is appreciated by investors.
Fund raising through the bond market, currency and interest rate risk management, securitisation with a view to ensuring balance sheet liquidity, credit derivatives and collateralized debt obligations continues to be a complicated process for an trading group.
“It is precisely for this reason that the fair is being organised whereby concerns like business plan valuation, structured valuation and the approach to private equity funds can be undertaken under one canopy,” said Shirole.