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When cash is no problem in Indian private equity

As a poor 2009 has left limited partners more discerning about the hundreds of new Indian private-equity firms, India Value Fund has emerged as capable of attracting new investments.

Executives at several large Indian private-equity firms say they and their competitors are starting to add operational experts alongside their investment professionals, with performance expected to come from asset management as much as from simply raising money and investing minority stakes in growth companies.

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