INDIA Trends and Developments
Trends and Developments Contributed by: Tejesh Chitlangi, Sushreet Pattanayak, Pooja Mehta and Anita Jain IC Universal Legal
IC Universal Legal is considered India’s top law firm in the financial services legal-regulatory space, including investment funds. The firm has eight offices and 200 lawyers across the coun - try, and provides end-to-end solutions for the full life cycle of funds, from set-up to obtaining regulatory licenses to limited partnership nego - tiations to deployment in investee companies. IC Universal Legal represents some of the In -
dia’s largest private equity funds, such as Ke - daara, TVS Capital, Xponentia and True North, as well as some of the world’s largest India- centric foreign Venture Capital Funds, such as Matrix, Peak XV (formerly Sequoia India) and Lightspeed. The Firm has been ranked as a Band 1 Firm in Investment Funds by Chambers and Partners.
Authors
Tejesh Chitlangi is joint managing partner of IC
Sushreet Pattanayak is an accomplished corporate lawyer at IC Universal Legal with a strong focus on investment funds and asset management. Having worked with both
Universal Legal. He is one of the most quoted securities lawyers in India, and is considered an authority in the Indian financial
services legal regulatory space. Tejesh is a member of several regulatory working groups and committees, including the prestigious SEBI Alternative Investment Policy Advisory Committee (AIPAC) and the first Expert Committee on Investment Funds set up by the International Financial Services Centres Authority (IFSCA). He is a regular speaker at global events. Tejesh has consistently been ranked a Band 1 lawyer in Investment Funds by Chambers and Partners.
established institutional clients and first-time wealth managers, he has over a decade of experience advising clients on a diverse range of subjects. These include fund formations for both India-focused and global funds across diverse asset classes, LP onboarding and negotiations, asset management company buyouts, inbound and outbound investment structures, securities laws, and on day-to-day legal and regulatory matters.
230 CHAMBERS.COM
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