Alchemy Emerging Leaders of Tomorrow – AIF CAT-III

Investment Objective

The investment objective of the Fund is to carry on the activities of a category III AIF as permissible under the AIF Regulations and generate long-term capital appreciation by investing in such opportunities including investing in, (i) listed Indian equities comprising of Largecap stocks and about 65% in Mid and Smallcap, and (ii) about 10% in IPO opportunities or any other instruments allowed under Applicable Laws. It is hereby clarified that the investment allocations provided above are indicative and may vary as determined by the Investment Manager in the best interests of the Contributors.

The Right Confluence of Factors :

• Exciting investment opportunities across range of sectors
• Right macro environment in India supportive of broad-based growth
• Reasonable risk-reward
• Our team with proven expertise in choosing winners
• Stress-tested management teams who have executed well

Why invest in mid and smallcaps?

• Attractive opportunities in sub-sectors with high growth and profitability potential
• New sectors and opportunities from new listings/regulatory changes
• Corporate action which can unlock value
• Every cycle, new teams and leaders drive growth
• Opportunities beyond domestic arena

Key management attributes we look for

Capabilities:

• Feedback from customers, ex-employees and competitors
• Ability to attract high quality talent and retain the same

Ethics/ Corporate Governance:

• Based on the feedback from industry sources and expert networks

Hunger for Growth:

• Focused on a differentiated strategy
• Quality of relationships with clients
• Entry into new markets or adjacent categories
• Pipeline of products and services

Capital Allocation:

• Acquisition strategy
• Strategy behind investments into new markets, services or product lines
• Maintain conservative leverage

Terms at a Glance

• RISK APPETITE - High Risk
• ELIGIBLE INVESTORS - Resident Indians, NRI ,HNI, Hindu Undivided Family (HUF), Banks, Bodies Corporate, Partnership Firm, Accredited Investors, & Trusts
• INVESTMENT STYLE - Multi cap with more emphasis on Mid and Small Cap
• MINIMUM INVESTMENT - Minimum INR 1 crore
• SUGGESTED TIME HORIZON - 3-5 years

Fund Manager -  Hiren Ved

Hiren Ved, an equity market veteran, serves as the Director and CIO at Alchemy Capital Management where he has been leading the firm’s Asset Management business. With over 30 years of experience in the Indian equities market, Hiren has developed a sustainable long-term investment philosophy based on fundamental research. He is known for his deep sector knowledge, bottom-up research skills and stock picking abilities. He holds a graduate degree in Accounting from Mumbai University and a post-graduation in Management & Cost Accounting from The Institute of Cost Accountants of India.

Co-Fund Manager - Mythili Balakrishnan

Mythili has over 19 years of experience in Finance and Markets, primarily in equity research and fund management. Prior to joining Alchemy, she was working with New Mark Capital as midcap analyst. Previously, she has also worked with Motilal Oswal AMC, Avendus PE and JP Morgan in similar roles. Academically, she holds a B.E (Electronics and Communications) degree from Delhi College of Engineering and diploma in management from IIM Ahmedabad. She is a CFA charter holder.