JSW Energy Limited
GQG Partners entered JSW Energy with 3.33 crore shares, acquiring a 1.81% stake.
A vertically integrated power generation company, JSW Energy operates thermal and renewable energy assets across Karnataka, Maharashtra, Andhra Pradesh, and West Bengal. The company serves as the holding entity for the JSW group's power business and maintains strategic joint ventures in mining operations and turbine manufacturing, positioning itself as a diversified player in India's energy sector with integrated operations across the value chain.
Florida-based global active manager founded in 2016 by Rajiv Jain (ex-Vontobel) and Tim Carver. Manages USD 150 bn+, with the EM Equity fund alone at USD 23 bn (Sep 2024). India is the top country weight in GQG's EM strategy with nearly USD 10 bn deployed in Indian equities including big names in financials, energy and infrastructure. Jain's quality-growth playbook has made GQG one of the most-watched buyers on the street.