Emerging markets: Reading the M&A map in India
Accompanying slideshow presentation
Thursday, July 19, 2012 2 p.m. EST
India has been well known for its technological prowess in software and IT, which has been a major factor in why the country only trails China in attracting inbound M&A among emerging markets. Now, the country's prospects in sectors such as finance, fashion and energy have also attracted attention for investments from outside India. As of August, the U.K. led the trend with investments in India with $15.6 billion, followed by the U.S., Germany and Japan. Join The Deal and its expert panelists as they discuss the M&A opportunities in India for 2012 and beyond. We'll look at the regulatory hurdles to doing deals in India and analyze some of the highlights of recent Indian transactions.
Video Reporter at The Deal
Hashim-Waris is a video reporter at The Deal LLC, where she interviews
dealmakers and industry experts on mergers and acquisitions, private
equity, venture capital and other sector news topics for TheDeal.com and
Pipeline.TheDeal.com. Prior to joining The Deal's award-winning video
team, Hashim-Waris was an on-air news anchor for SmarTrend News and
Financial News Network Online, where she balanced on camera anchoring
and production duties with writing broadcast script, as well as
composing online news stories. Hashim-Waris initially launched her
career in print at The New York Enterprise Report, where she worked as
an assistant editor, writing feature cover articles and the "Company
Next Door" section for the monthly business-to-business publication.
her work at NY Report, she was able to leverage relationships with
small business owners in the New York tri-state area, who served as the
primary readership of the publication.
Pepper Hamilton LLP
Valérie Demont is a partner in the corporate and securities practice group of Pepper Hamilton LLP, resident in the New York office. She focuses her practice primarily on U.S. and cross-border mergers and acquisitions, capital markets, corporate finance and securities matters. She heads the firm's U.S.-India practice group and has been involved in numerous transactions for corporations and private equity funds in the U.S., Europe, Canada and Asia, including India.
Demont also represents U.S. and non-U.S. issuers and underwriters in a wide range of primary and secondary capital markets transactions involving equity, debt, convertible and hybrid securities. These transactions include initial public offerings, private placements and offerings under SEC Rule 144A, offshore offerings under SEC Regulation S and the establishment of American Depositary Receipt programs.
She handles complex securities and financing transactions, including debt restructurings, exchange offers, debt tender offers and consent solicitations.
In addition, Demont regularly advises companies on their reporting obligations under U.S. securities laws as well as corporate governance and other compliance obligations under the Sarbanes-Oxley Act and stock exchange regulations. She received her LL.M. from Columbia Law School in 1995 where she was a Harlan-Fiske Stone scholar and her LL.M. from the Université de Paris I-Panthéon Sorbonne in 1994. She received her LL.B. from the University of Rennes Law School in 1991.
Head of West Coast financial sponsors coverage
William Blair & Company
Anu Sharma is the head of West Coast financial sponsors coverage for William Blair & Co. and leads the firm's coverage efforts in India. Currently based in San Francisco, he joined the firm in 2004, focusing on cross-border transactions in the firm's London office. Since joining William Blair, he has completed more than 50 transactions across the firm's M&A advisory and financing services. Before joining the firm, Sharma was a medical doctor with the National Health Service at various university teaching hospitals. He gained his M.B. and B.Chir. degrees from the University of Cambridge, having graduated with distinction, and was a visiting scholar at Harvard Medical School. Sharma also holds an M.A. (honors) degree from Clare College at the University of Cambridge.
Founder and CEO
VSG Capital Advisors
Vikram Gandhi is founder and CEO of VSG Capital Advisors. The firm focuses on strategic, financial and investment advisory services both in the private and social sectors. He and VSG Capital Advisors have been retained by the Canadian Pension Plan Investment Board as senior advisers to provide strategic advice and develop and facilitate investment opportunities in the Indian subcontinent. Gandhi is also a senior adviser to Greenhill & Co. Prior to forming VSG Capital Advisors, he was vice chairman of investment banking and global head of financial institutions business for Credit Suisse Group in New York and Hong Kong. He was a member of Credit Suisse's global investment banking management committee and the fixed-income operating committee.
Prior to his tenure at Credit Suisse, Gandhi worked at Morgan Stanley, where he was co-head of global FIG in New York. His prior work at Morgan Stanley included heading the firm's institutional strategy area, its global e-commerce committee and as country head and president of Morgan Stanley India.
Gandhi is a member of the board of the Grameen Foundation, which focuses on alleviating poverty across the world through microfinance and technology. He is a founding member of Harvard University's South Asia Initiative, a collaborative effort between the university and Harvard's graduate schools targeting important issues in South Asia. He is also co-founder of the Giving Back Foundation, which supports charities around the world focusing on women's and children's causes. As part of the focus areas of VSG Capital Advisors, Gandhi is assisting, on a voluntary basis, in the launch of the recently announced $1 billion India Inclusive Innovation Fund that will fund enterprises that are sustainable and create innovative products and services for the 500 million people at the bottom of the pyramid. Gandhi holds an M.B.A. from Harvard Business School, where he was designated a Baker scholar, and a B.Com with high distinction from the University of Mumbai. He is also a qualified chartered accountant. Matt Miller
The Deal LLC
As editor-at-large at The Deal, Matt Miller has written feature
stories investigating the successes and struggles of major metropolitan
areas like Cleveland, Philadelphia, Milwaukee, San Diego and Boston, and
covered the bankruptcies of Catholic dioceses around the country
resulting from incidents of sexual abuse by priests.
spent more than 25 years in business journalism, with much of that time
based in Asia for The Wall Street Journal Asia. He opened The Wall
Street Journal Asia's New Delhi bureau, was bureau chief in Manila and
an investigative reporter based in Hong Kong, where he broke stories on a
number of major financial scandals. He also was the Pacific Rim
correspondent for The San Diego Union-Tribune and has contributed to the
BBC, NPR, Institutional Investor, the Far Eastern Economic Review and
the Los Angeles Times.