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Explore Fund Basics
Marine Drive at sunset, Mumbai

First Close, once a month in BKC

One hour of how it actually went. One hour at the table.

A small circle for emerging fund managers. One manager walks the room through one hard problem, start to finish, numbers included. Then everyone sits down to a meal.

Two hours, twenty seats.

The Worli skyline and the Arabian Sea by day, Mumbai
1First hour

The account

One manager, one problem they actually worked through. Real numbers, the mistakes included. The room asks, disagrees and says how they handled the same thing.

The Taj at night, Mumbai
2Second hour

The table

A meal together at one long table. People say more over a meal than they do in a conference room.

Upcoming sessions

No. 1

Open for requests

The first close that slipped six months

BKC, Mumbai. Date to be announced.

What the timeline said, what happened, and what the manager would do differently.

Request a seat

No. 2

Opening soon

Moving a fund to GIFT City: what the plan left out

BKC, Mumbai. One month later.

Licensing, substance, banking and the things nobody put on the checklist.

Keep me posted

The kind of thing that gets told

Members pick the topics. If it cost you sleep last quarter, it belongs on this list.

Worli Seaface at sunset, Mumbai
  • The first close that slipped six months.
  • The side letter that triggered MFN for every other investor.
  • An anchor investor who asked for a share of the GP economics.
  • The regulator’s comments on the PPM, and what you changed.
  • Moving a fund to GIFT City in the middle of a raise.
  • Replacing a fund administrator halfway through a fund’s life.

Free, and curated.

Apply, or come in on a member’s invitation. Every application is read by a person, and every applicant hears back. Lawple hosts. There is no ticket, no sponsor and no sales slot.

  • Founder or partner of a fund manager: a SEBI-registered AIF, an IFSCA-registered fund management entity, or an application in progress.
  • Past the idea stage, with a team, a strategy on paper and investors you are already talking to.
  • Willing to tell the version of the story that is not in the pitch deck.
  • Able to get to BKC once a month.
  • Being a Lawple client is not required.

House rules

Chatham House Rule
What is said in the room can be used. Who said it cannot be repeated.
Nothing is recorded
No slides, no recording, no photographs of the room.
Nobody pitches
Members do not pitch. Guests do not pitch. Lawple does not pitch.
A conversation among peers
Nothing said in the room is legal, tax or investment advice.

Before you apply

Do I have to be a Lawple client?
No. Clients and non-clients apply the same way and are read the same way.
Who else is in the room?
Fund managers. Now and then an administrator, a trustee or a custodian is invited to answer questions. Guests do not present.
Is the meal optional?
Yes. Come for the account and leave before the meal if you need to.
How often, and where?
Once a month, always in BKC, Mumbai.
Can I be the one who speaks?
Yes. Describe the problem in your application and we will come back to you.
Is anything recorded or written up?
No. That is why people share the real numbers.

Apply to join.

Two minutes to fill in. Every application is read by a person, and you hear back within a week, either way.

Apply to join

The form opens on a separate page. Or write toqueries@lawple.com.