After weeks of tanking share prices in the publicly traded firms of the Adani Group—largely caused by the release of the Hindenburg Research Report, U.S. boutique investment firm GQG Partners Inc bought shares worth $1.87 billion in four Adani group companies: Adani Ports, Adani Green Energy, Adani Transmission and Adani Enterprises.
The man behind that deal is Rajiv Jain, founder, chairman, and chief investment officer of Fort Lauderdale, Florida-based GQG Partners, an asset management firm that manages $88 billion in assets, in global, U.S. and emerging markets equities funds.
“We believe that the long-term growth prospects for these companies are substantial,” said Rajiv Jain, adding the firm’s investments take into account a five-year horizon. Before founding GQG, Jain spent 22 years at Vontobel Asset Management.
“I am excited to have initiated positions in the Adani companies. Adani companies own and operate some of the largest and most important infrastructure. assets throughout India and around the world,” Jain said in a press release. He added, “Gautam Adani is widely regarded as among the best entrepreneurs of his generation.”
Last updated: December 26th, 2025
