Touchstone advises some of the world's largest sovereign wealth funds, pension funds, leading global financial sponsors on complex cross-border M&A, Private Equity, Structured Finance, Fund Formation and Competition / Antitrust related matters. Our Infrastructure and InvITs practice group has been instrumental in development of the InvIT regime in India. From being involved in the drafting of the SEBI (REIT) Regulations that formed the very basis of the InvIT Regulations to advising on 4 of the 9 InvITs existing as of date including setting up of the first unlisted InvIT in India, we have contributed significantly to policy advocacy measures to ensure that the InvIT regime remains conducive for global investors. Our value proposition lies in our deep understanding of the cross-border transactional ecosystem and our consistent track record in analysing risk for international institutions as they seek to navigate the regulatory and taxation framework that underpins their investments in India. We believe our hands-on capability in fund formation, PE (including LP- GP governance) and M&A together with attendant tax capability gives us a significant edge in structuring InvITs – both listed and unlisted. Our expertise in PE and fund formation allows us to mould the rights package, governance rights, distribution waterfalls, stakeholder governance and regulatory interactions in the most optimum manner drawing references from global precedents. We have a unique ability to staff our matters with the optimum mix of lawyers who through a combination of individual initiative, sound judgement and collective teamwork are able to, time and time again, assist our clients in meeting their objectives.
