Ashoka Whiteoak Capital Pte. Ltd.
- Regulatory AUM
- $5.4B
- Discretionary
- $5.4B
- Clients
- 8
- Avg AUM / client
- $672M
- Accounts
- 13
- Employees
- 23
AUM over time
Annual snapshots from Form ADV filings · as of Jun 29, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 2 | $108M | 2.01% |
| Pooled investment vehicles (non-investment companies) | 6 | $3.6B | 67.8% |
| Insurance companies | Fewer than 5 clients | $61.7M | 1.15% |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $1.5B | 27.7% |
| Corporations and other businesses | Fewer than 5 clients | $73.3M | 1.36% |
Private funds (7)
Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $2.4B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Ashoka Whiteoak India Opportunities Fund | Hedge Fund | Ireland | $2.0B | 197 |
| India Acorn Fund Ltd master | Hedge Fund | Mauritius | $238M | 32 |
| Ashoka Whiteoak Emerging Markets Equity Fund | Hedge Fund | Ireland | $59.6M | 8 |
| Ashoka Whiteoak India Esg Fund | Hedge Fund | Ireland | $19.1M | 2 |
| India Acorn Fund (Delaware) Llc feeder | Hedge Fund | Delaware | $15.1M | 3 |
| India Acorn Fund Ii (Cayman) Ltd feeder | Hedge Fund | Cayman Islands | $5.3M | 1 |
| India Acorn Fund (Cayman) Ltd. feeder | Hedge Fund | Cayman Islands | $1.2M | 29 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Vaid, Sanjay | Chief Executive Officer | Mar 2018 (8y) | Less than 5% | |
| Garg, Manoj | Director | Mar 2020 (6y) | Less than 5% | |
| Khemka, Prashant | Shareholder | Mar 2020 (6y) | 75% or more of Bhupati Investments Pte. Ltd. (indirect) | |
| Gramopadhye, Pranita, Uttam | Chief Compliance Officer | Dec 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Rkrp Holdings Pte. Ltd. | Shareholder | Mar 2020 | A | 75% or more |
| Kpk Investment Pte Ltd | Shareholder | Mar 2020 | A | 10% – 25% |
| Rkrp Holdings Pte. Ltd. | Shareholder | Mar 2020 | B | ≈ 7.5% – 25% via Kpk Investment Pte Ltd |
| The Rkrp Family Trust | Shareholder | Mar 2020 | B | ≈ 56.25% – 100% via Rkrp Holdings Pte. Ltd. |
| Bhupati Investments Pte. Ltd. | Trustee | Mar 2020 | B | GP / trustee / elected manager of The Rkrp Family Trust (indirect) |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Rkrp Holdings Pte. Ltd.: 75% – 100% of Kpk Investment Pte Ltd × 10% – 25% direct ≈ 7.5% – 25% of the firm
- The Rkrp Family Trust: 75% – 100% of Rkrp Holdings Pte. Ltd. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (7, $2.4B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Ashoka Whiteoak India Opportunities Fund | Hedge Fund | $2.0B | $0 | 197 |
| India Acorn Fund Ltd | Hedge Fund | $238M | $100K | 32 |
| Ashoka Whiteoak Emerging Markets Equity Fund | Hedge Fund | $59.6M | $0 | 8 |
| Ashoka Whiteoak India Esg Fund | Hedge Fund | $19.1M | $0 | 2 |
| India Acorn Fund (Delaware) Llc | Hedge Fund | $15.1M | $100K | 3 |
| India Acorn Fund Ii (Cayman) Ltd | Hedge Fund | $5.3M | $100K | 1 |
| India Acorn Fund (Cayman) Ltd. | Hedge Fund | $1.2M | $100K | 29 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/29/2026 | 2.77 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- J.P. Morgan $1.2B (23% of AUM) Jun 2026
- State Street $411M (8% of AUM) Jun 2025
- Hsbc $281M (5% of AUM) Jun 2026
- Standard Chartered Plc $161M (3% of AUM) Jun 2025
- Dbs Bank Ltd $29.3M (1% of AUM) Jun 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 29, 2026.
View current Form ADV (SEC/IAPD) ↗