Reuters – Steadview, a hedge fund seeded by former Goldman Sachs (Asia) chairman Mark Schwartz, sees its assets tripling to $100 million in the next year as its strong performance is expected to draw investors, founder Ravi Mehta said.
The India focused fund has recorded a return of 92 percent since launching in July 2009. By comparison, the country’s benchmark share index is up 24.5 percent.