Victoria Robson
The Mumbai-based firm is raising a $500m fund and seeking co-investors to deploy matching capital into assets and infrastructure holding companies.
The fund held a final close in July 2015 on $375m, above its $250m target.
The UK mid-market firm has hired three and expects to make further appointments as it invests £1.2bn over the next three years.
The immediate tax change is accompanied by a consultation on fund manager rewards.
LDC is acquiring the stake in the online travel company from Growth Capital Partners