Amit Jatia is clearly smitten by the concept of co-investing. The trigger was around seven years ago, when Siddharth Mehta, Bay Capital’s co-founder, told him he was investing in Sterling Holiday Resorts. “I too decided to put in some money and it worked well,” says the 51-year-old. It sure did; Jatia exited with a 3x return after four years.
By the looks of it, this asset class will occupy a good part of his mind in the time to come. If 70% of his wealth goes into the family’s businesses now, he plans to reduce that to 50% over the next decade. “Of course, that will be on a large