For funds, many managers view periodic valuations as an opportunity to control the messaging in terms of how they’re thinking about their investments, and showcase how they are institutionalizing their businesses and processes. What was once considered a tick-the-box exercise, the portfolio valuation process is now firmly front-and-center in the general partner-limited partner relationship. Rishi Aswani highlights how Indian fund managers, much like their global counterparts, are upping their game in order to meet their contractual and regulatory duties as fiduciaries on the valuation aspect.