Launches & Closures

Ex QIF-Soros man Gupta starts Grand Trunk Capital

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In what has been one of the most watched launches this quarter, Sam Gupta, formerly the co-founder and portfolio manager of $3 billion QIF Management - a partnership with Soros Fund Management - has launched an India-focused fund under the Grand Trunk Capital moniker. While the team is based in California, it spends 25% of its time on the ground in India.

QIF, which managed George Soros's money, has been known for its involvement in several strategic investment deals, with major corporates in India. As a result, the Grand Trunk launch generated quite a buzz, given the team's