Rajiv Jain is not afraid of taking risks. The founder and chief investment officer of GQG Partners proved that last month when he ploughed $1.9bn into Indian conglomerate Adani Group after it was hit by a US short seller’s attack that wiped as much as $145bn from its market value.
The Florida-based firm’s move has thrust 55-year-old Jain, an Indian-born emerging markets investor who has made a career of going against the grain, into the spotlight. While his public image is now tied to that of Gautam Adani’s infrastructure empire, it does not appear to worry him.
“The craziness part is mostly coming from the public relations risk,” he told the Financial Times.
