India-focused Steadview hits $100m on stellar performance


Ravi Mehta
A renewed commitment to reforms by the government in India is driving returns as well as investor sentiment in India-focused strategies, and a key beneficiary has been the Steadview Capital Master Fund.

The India-focused long/short equity fund, founded by ex-Maverick Capital veteran Ravi Mehta, has gained significant traction this year in terms of both performance and size.

It is understood that total assets under management at the fund now stand at around $110 million, up from only $20 million at the beginning of 2012.

The Cayman-registered fund delivered an impressive 12.42% performance in