Drawing from his first-principles approach in his book "Capital in the Shadows", Nishant dismantles the common misconceptions of the industry, reframing private equity not as a cold game of ratios, but as a "living system" that shapes industries, governance, and the future of societies. The conversation journeys through:

• The Evolutionary Arc of Capital: Tracing the history of private equity from medieval merchant guilds to the multi-strategy global powerhouses of the 21st century.
• Operational Mastery over Financial Engineering: Why the industry’s primary source of value has shifted from debt-fueled leverage to deep, operational transformation and "active ownership".
• The "India Model": An expert analysis of why India has ...