NYLIM Jacob Ballas Asset Management Company III LLC

The fund is managed by a team of investment professionals based in India. Specific named principals are not publicly disclosed for this vehicle, but the broader NYLIM Jacob Ballas series has been led by partners with prior experience at firms like ICICI Venture and Morgan Stanley (per public record). New York Life Investment Management oversees the overall strategy.

It is structured as a private equity fund, not a family office. The vehicle pools capital from New York Life Insurance Company and other institutional investors to make direct private equity investments in Indian companies.

The fund focuses on growth-stage private equity investments. Target companies are generally established and looking for expansion capital, with check sizes in the $10 million to $30 million range (per public record). The fund does not typically engage in early-stage venture or distressed assets.

The fund maintains a sector-agnostic approach but has publicly disclosed investments in healthcare, financial services, and consumer goods. Regulatory filings show positions in companies like Apex Hospitals and SBI Cards (per regulatory filings, 2017).

The fund makes only direct private equity investments in Indian companies. It does not commit capital to other funds or vehicles. Co-investments alongside other institutional backers are part of the deployment strategy.