Indus Capital

Indus Capital is an independent investment management firm specializing in Asia Pacific equity investments through long/short and long-only hedge fund strategies. The firm manages approximately $3.9 billion in discretionary assets for 16 institutional clients as of March 2024, with total assets under management typically ranging from $3.5 to $6.0 billion. Since inception, it has created 17 investment funds, starting with $70 million in initial assets across two long/short funds. Its Q1 2024 13F filing disclosed $160.8 million in managed securities, with its largest disclosed holding being HDFC Bank Ltd ADR. Key figures include co-founders David Kowitz and Sheldon Kasowitz, alongside founding partners Byron Gill and James Shannon. Indus Capital was established in 2000 by David Kowitz and Sheldon Kasowitz.