Our Design Funding Manager Adhiti Gupta explains that concessional capital can be additional if it 1) deploys financial instruments that are currently unavailable or undersupplied in the market, or 2) if it addresses a market failure.
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Adhiti is the Manager of the Market Acceleration & Design Funding team at Convergence. Prior to Convergence, Adhiti advised funds, family offices and foundations making impact investments in developed and emerging markets while working at RPCK, a boutique law firm in New York City. Adhiti has also practiced in India, where she advised on cross-border M&A transactions and private equity/venture capital transactions. Adhiti also counseled social enterprises as a consultant with Accion Microfinance Council and a project manager with Columbia Impact Investing Initiative. Adhiti holds a master’s degree from Columbia Law School, and a law degree from National Law School of India University. She has been awarded the Temasek Foundation Leadership Enrichment and Regional Networking Award by the National University of Singapore.