Overview
Brahma Management LLC (“Brahma Management" or the "Adviser”) serves as the discretionary
investment manager to a series of investment vehicles (“Clients”) focused on investment into
India. The Adviser was founded in 2005 and its principal owner is Mr. Gulbir Madan.
Brahma Management offers equity and long-term fixed asset investment advisory services.
Although the Adviser is authorized to enter into any type of investment transaction that it deems
appropriate for its Clients, pursuant to the terms of the specific Client’s confidential information
memorandum and other governing documents, the overwhelming majority of investments by its
Clients involve the acquisition, ownership and investment in real estate assets and real estate
related businesses in or related to India, acquiring and owning private equity investments, and
other equity related investments in private companies in, or doing business related to, India, and
investing
and trading in publicly traded equity and/or equity-related securities of companies in, or
doing business related to, India.
Investment advice is provided directly to the Clients and not individually to the limited partners or
shareholders (together referred to as “Investor” or “Investors”) of the Clients. The Adviser
manages the assets of the Clients in accordance with the terms of the governing documents
applicable to the Clients.
The Adviser sets out an investment strategy for the Clients which is presented to the Investors of
the Clients prior to Investors subscribing to/investing into the Clients. Some Investors in some
Clients have specific lists of securities which the Adviser is restricted from purchasing.
As of December 31, 2023, the Adviser managed the assets of 5 Clients with regulatory assets under
management of approximately $279,975,954. The Adviser manages 100% of these assets on a
discretionary basis.