Rupee fall may play spoilsport for private equity firms

Mumbai: Private equity investors could see their returns come under pressure as their US dollar realizations have plummeted due to a weaker rupee, said experts. “The rupee depreciation definitely impacts returns on exits for private equity firms negatively,” said Rishi Kohli, chief investment officer and managing director at ProAlpha Systematic Capital, a subsidiary of US-based investment advisor, Monsoon Capital.