There is some migration of ultra-HNI segment because of natural growth in economy and such clients may acquire the wherewithal to invest into single PE deals. This could be one possible reason for the increase in single PE deals from HNI investors says Hrishikesh Parandekar, CEO, Karvy Private Wealth.
The number of such deals has increased of late adds Parandekar. “Ultra- HNI investors were doing single PE deals much before investing into professional PE funds came into vogue.”
“However, the scale of investing both in single deals and into PE funds has indeed increased in the recent years. As investors become more informed of the risks and possible returns from directly investing, this upward trend will continue into PE as on investment class he says.
For Ultra-HNI business owners, investing in PR space is a way of diversifying from their single-stock ownership in their companies, something we are strong advocates of” Says Parandekar.
“Unfortunately, most singe PE-deal investments by ultra-HNI and super-HNI business owners have been in companies in a space related to their own business, because that is a space they understand.”
“Hence, from a pure risk diversification perspective, it doesn’t help much. The objective is purely to regenerate superior returns from a space they understand more.”
Source : DNA
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