APPLETON, Wis., July 10,
2024 /PRNewswire/ -- Global Alternative Investment
Management LLC ("Global Alts") is pleased to announce the
successful close of its latest private equity fund, Global
Alts SPV LLC- NSE India (the "Fund"). The Fund has completed
the strategic acquisition of shares in the National Stock Exchange
of India Ltd. (NSE), marking a significant milestone for our Firm
with this direct investment into the Indian-based company.
About the National Stock Exchange of India, Ltd.
Established in 1992 and known for its state-of-the-art
technology and robust trading systems, NSE's trading platform for
equities, derivatives, currencies, debt securities and mutual funds
has grown into one of the leading stock exchanges in India and one of the largest exchanges in the
world. NSE holds a pivotal role in India's expanding economy, acting as a
catalyst for economic growth by providing a robust, efficient, and
transparent market infrastructure that supports the development of
businesses, encourages domestic and foreign investment, and
enhances financial inclusion.
Growth Potential of the Indian Economy
India's economy is currently
the world's fifth largest. Due to favorable demographics,
government reforms aimed at improving the ease of doing business,
and significant infrastructure development, the Indian economy is
also one of the world's fastest growing. Home to over 1.4
billion people, India recently
surpassed China as the populous
country in the world. The demographic profile of India is notably young, with approximately 65%
of the population under the age of 35. India's young and rapidly expanding workforce,
and a burgeoning middle class with rising disposable incomes offers
a vast pool of talent and a growing consumer base with the
potential to drive future economic growth.
About Global Alternatives Investment Management
Global Alts seeks to provide its clients with opportunistic
alternative investments on a global scale. With more companies
staying private for longer, Global Alts targets unique investment
opportunities into transformative, disruptive businesses through
direct investments, secondary market purchases, and co-investments.
Since spinning out from its RIA affiliate in 2021, Global Alts has
launched five funds, targeting late-stage global technology venture
capital, financial technology, and single-purpose funds targeting
Indian-based companies. The founding partners of Global Alts have a
25+ year history of sourcing alternative investment opportunities.
Using our innovative approach, the Global Alts team excels in
creating bespoke one-investor funds tailored specifically for
high-net-worth families, foundations and endowments ensuring
personalized and strategic investment solutions.
Press & Investment inquiries
Prateek Mehrotra, MBA, CFA, CAIA
Chief Investment Officer
380096@email4pr.com
920.785.6010
The press release is for Informational purposes only and does
not constitute an offer or solicitation to sell shares or
securities in any investment or company. Interests in any
alternative investment vehicle are offered only pursuant to the
terms of a confidential private placement memorandum (the
"Memorandum"), which is furnished only to accredited and/or
qualified investors on a confidential basis for their consideration
in connection with the private offering. All investments involve
risk and potential loss of capital and, unless otherwise stated,
are not insured or guaranteed. For additional information on the
risks of alternative investments, please visit our
website.
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SOURCE Global Alternative Investment Management LLC