Conference Agenda

27 October 2026

Mumbai, India

10:00 AM – 5:00 PM IST

A focused programme examining the structures, market practices and policy considerations shaping the evolution of secondaries in India.

10:00 AM – 10:30 AM

Registration & Networking

10:30 AM – 10:40 AM

Opening Keynote Address

10:40 AM – 11:20 AM

Panel Discussion: LP-led Secondaries: Liquidity, Pricing and Portfolio Strategy

Key themes:

What triggers LPs to sell in India: end-of-fund-life pressure, rebalancing, denominator effect, regulatory capital constraints, or India-specific macro/FX considerations?
How do GPs view LP stake sales: concerns around signalling, control of the cap table, and opportunities to bring in longer-term or local capital?
How do pricing and discount dynamics work in India across PE, VC, credit and real assets funds, and how do they differ from global secondary markets?
What are the practical barriers: GP consent timelines, FEMA pricing floors, stamp duty on LP interest transfers, and finding qualified buyers?
Should LPs run competitive auctions or negotiate bilaterally and when does an adviser add value vs. add friction?
How can domestic family offices and HNIs become more active LP-led sellers and buyers, and what infrastructure is missing?

11:20 AM – 11:40 AM

Knowledge Session: Global trends in secondaries and learnings for India

11:40 AM – 12:20 PM

Panel Discussion: The Rise of India-Focused Secondary Funds: Strategies, Returns and Liquidity Infrastructure

Strategies, underwriting, return profiles and the buyer-side infrastructure needed for India-focused secondary funds to scale.

Key themes:

Domestic secondary fund strategies
Sourcing and competition
Indian underwriting challenges
Fund terms for secondary AIFs
Hold periods, exits and liquidity profiles
Building a self-sustaining Indian secondary ecosystem

12:30 PM – 1:30 PM

Networking Lunch

1:40 PM – 2:00 PM

Fireside Chat

2:00 PM – 2:20 PM

Knowledge Session: GP led secondaries in India: Regulatory and Tax Considerations

2:20 PM – 3:00 PM

Panel Discussion: Continuation Funds: Governance, Economics and LP-GP Alignment

Key themes:

Carry reset economics
Tiered carry and performance hurdles
LP optionality
LPAC governance
Independent fairness opinions
Required LP disclosures
Structuring continuation vehicles for all stakeholders

3:00 PM – 3:10 PM

Closing Remarks

A brief synthesis of the day’s most consequential conversations where consensus emerged, where debate continues, and what the industry collectively commits to advancing.

3:10 PM – 5:00 PM

Conference Agenda

Registration & Networking

Opening Keynote Address

Panel Discussion: LP-led Secondaries: Liquidity, Pricing and Portfolio Strategy

Key themes:

Knowledge Session: Global trends in secondaries and learnings for India

Panel Discussion: The Rise of India-Focused Secondary Funds: Strategies, Returns and Liquidity Infrastructure

Key themes:

Networking Lunch

Fireside Chat

Knowledge Session: GP led secondaries in India: Regulatory and Tax Considerations

Panel Discussion: Continuation Funds: Governance, Economics and LP-GP Alignment

Key themes:

Closing Remarks

Networking Cocktails

Join the conversation shaping the development of India's secondaries market