Madison India Capital Management

The firm concentrates on Indian mid-cap opportunities across both public and private markets. It targets sectors driven by domestic consumption, financial services, and industrial growth. The strategy favors concentrated, long-horizon positions rather than broad diversification.

The firm uses a hybrid model. It invests in listed Indian equities and also takes private, growth-stage stakes. Because mandates are not split into separate fund structures, the firm can hold positions from the pre-IPO stage through to their public-market life without an artificial divestment clock.

Singapore provides a regulatory and tax framework that suits offshore capital pools investing into India. The location gives the firm access to Southeast Asian family offices and global institutional investors who allocate to India through vehicles structured under Singapore law.

Specific named principals are not a matter of public record as of mid-2026. The firm has not published team biographies on a website or professional network profile, so the investment committee composition remains undisclosed to outside parties.

There is no public disclosure of a formal co-investment program. Given the firm's concentrated approach, co-investment rights would likely be negotiated bilaterally with major investors rather than offered as a standard feature.