2019 to see higher quality PE deals, drop in their number: Harsha Raghavan

Opportunities abound for operationally-oriented PE investors

The year 2018 was marked by governance failures. Hindsight is 20-20. So when one makes the claim that 2018 was the "annus horribilis" for corporate India, it is easy to counter that one saw it coming -- Nirav Modi, Mallya, Videocon, IL&FS and others, usually in cahoots with Indian banks and/or bankers. We even exported our corporate habits with the Guptas and Bank of Baroda capturing South African headlines.  

To be clear, governance failures are not unique to India. We were regaled this year by events concerning 1MDB and Goldman Sachs, as we have been in the past by