The investment boutique firm employs analysts with an investigative journalism background and its co-founders are invested to the order of $1 billion in the firms' own strategies.
At the end of 2022, the Norwegian fund held shares in Adani Green Energy worth $52.7 million, a stake in Adani Total Gas worth $83.6 million and ownership in Adani Ports & Special Economic Zone worth $63.4 million.
Speaking to CNBC-TV18, Mohanty added, "Adani investments are within our prudent norms." adding, "We talk to companies that we invest in as a routine."