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"For funds such as True North that have huge portfolio companies, it makes sense to have a specialised company that makes it easier to attract talent rather than in individual portfolio companies. Going forward, we will see a lot of PE funds adopting this centralised approach for IT, accounting, procurement and compliances needs of all their portfolio companies,"

Harish HV
Partner, Grant Thornton India LLP

This article appeared in Economic Times on 16th January, 2018.