“Our fund will help firms move up the ESG scale: Mukund Rajan & Ajit Dayal” – Business Standard – February 6, 2019

On February 6, 2019 Business Standard reported that “three former Tata executives led by Mukund Rajan joined hands with Quantum Advisors’ Ajit Dayal to launch a $1-billion ESG (environment, social and governance) fund. Adopting a private equity kind of approach to public markets, they will look to invest $50 million each in 20-odd companies which seek to become better on their ESG practices and require help to do so.”

In an interview, Mr. Daval and Mr. Rajau, described the fund as “India’s first active engagement ESG fund.”  They answered questions about the types of companies the fund will invest in, the investment criteria to be applied, the size of the fund, its approach and their previous track record.

You may read the interview on the Business Standard internet site.