PRIVATE EQUITY & VENTURE CAPITAL

India has seen a surge in foreign direct inflows of capital into diverse sectors. While India has emerged as a preferred destination and source, investment from and to India is regulated. In this environment, ELP consistently strives to devise fully compliant, creative, practical and sophisticated solutions for its clients.

ELP's Private Equity & Venture Capital team has assisted key stakeholders in private funds, including investment managers, sponsors and seed investors, lead investors, funds of funds, placement agents and co-investors. The team has represented both funds and portfolio companies on transactions, and therefore has a sound understanding of concerns from all perspectives.

Services

Fund Formation

ELP seamlessly leverages its team and advises on all aspects of fund formation covering jurisdiction, tax, legal, regulatory and commercial matters. The practice includes:

Conceptualising and Structuring:
  • Undertaking jurisdictional analysis and structuring the transaction keeping in mind the key drivers, legal and tax implications, and regulatory parameters; and
  • Coordinating with foreign counsel and assisting on local law matters across various jurisdictions (for e.g. Dubai, Singapore, Mauritius and the Cayman Islands).
Documentation:
  • Drafting all related fund documents; and
  • Assisting in drafting, and negotiating with Limited Partners, General Partners, Placement Agents, Service Providers and other intermediaries.
People Related Planning:
  • Employee reward schemes and carry arrangements;
  • Employee relocation plans; and
  • Other tax effective compensation models to meet commercial objectives.
Regulatory and Ongoing Advice
  • Drafting and making applications before the SEBI, the RBI, the FIPB, the CCI and other regulators for, inter alia, making applications (wherever applicable), registering funds as FVCIs, DVCFs, FIIs;
  • Regulatory compliance, reporting and ongoing monitoring issues and governance.

Deal Execution

ELP has been known for its solution oriented approach and work under strict timelines. Our deal execution assistance includes:

Transaction Related Assistance
  • Legal and Tax Due Diligence;
  • Capital Structuring and Repatriation;
  • Entry and Exit Strategies;
  • Advice on Foreign Exchange and Corporate Laws; and
  • Inputs on Financial Models.
Transaction Documentation
  • Drafting, negotiating and finalising all sorts of transaction documents;
  • Advising and assisting on review of pre and post conditions precedents, corporate resolutions, and closing certificates; and
  • Assisting in regulatory filings / applications necessary for transactions.

Chambers Asia-Pacific 2016

"The team takes care of its clients, is flexible in its approach and is good at problem solving."

Chambers Asia-Pacific 2016

"They're strong in negotiations and up to speed on relevant market trends."

Chambers Asia-Pacific 2014

"A group of intelligent individuals with 'real world' experience who understand the business reality of India, and assist and guide us to find a solution which is in the best interests of both parties."

Achievements

Private Equity & Venture Capital Deal of the Year in India Business Law Journal's Deals of the Year Awards 2015 for advising on Carlyle's acquisition of New Silk Route's stake in PNB Housing Finance.

Real Estate Deal of the Year in India Business Law Journal's Deals of the Year Awards 2015 for advising on New Vernon and Hilson Estates' sale of indirect stake in Faery Estates to Canada Pension Plan Investment Board and Shapoorji Pallonji Group's JV company.


Tier 2 for Investment Funds in The Legal 500 Asia-Pacific 2016


Leading Firm for Private Equity in Chambers Asia-Pacific 2012 to 2016


Highly Recommended for Private Equity by IFLR1000 Corporate & Financial Guide 2015 to 2017


Highly Recommended for Private Equity in Asialaw Profiles 2014 to 2016



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