Finance: Q & A with Nikhil Kaushik
I plan to learn and understand the complete investment cycle of identifying, evaluating and recommending equity investments in India, monitoring portfolios and exists, says Nikhil Kaushik.india Updated: Mar 24, 2008 21:42 IST
How do you intend to take your career ahead?
I plan to learn and understand the complete investment cycle of identifying, evaluating and recommending equity investments in India, monitoring portfolios and exits (selling your stake in the company at an appropriate time). This will help me build a long-term career in the industry with increasing levels of responsibility.
A lot of private equity firms have been posting losses. When do you think will things stabilise?
Please correct me if I am wrong, but I don't believe private equity funds have recorded losses. Most recent losses have been reported by hedge funds and mortgage funds. Private equity funds are usually in for the long run, and short-term market fluctuations do not impact their returns much. As for the current market scenario, I continue to believe in the long-term fundamentals of the Indian market and expect good returns over a long-term investment horizon.
What is the impact on India of the global shakeout in the private equity space?
Due to current global issues, there is expected to be a liquidity crunch in Indian markets in the short term. Given the uncertainty on the Indian political front, this could lead to a slowdown in the Indian economy. However, this is expected to be sorted out, and India should be well on its growth path in the next couple of years.