Regulations need to encourage pooling of funds in India: Raja Kumar - 16-Aug-2012
Ascent Capital, which manages $600 million across three funds, was among the few Asian private equity (PE) firms able to raise funds successfully, before closing the fund during the tumultuous period of 2009. Founder and Chief Executive Officer Raja Kumar, also a former senior officer at the Securities and Exchange Board of India (Sebi), in an interview with Raghuvir Badrinath, tells how the Indian PE industry has learnt its lessons the hard way.