India's Family Offices Adopt Profit-Sharing to Attract Talent

India has many rich families that run their own investment companies.

These companies are now sharing a part of the money they make with the people who manage the investments.

This is called carried interest.

Big names like Azim Premji and Harsh Mariwala already do this.

The number of these family offices has grown a lot, from 45 in 2018 to more than 300 in 2024.

They have more than $30 billion in assets.

A survey shows that only a few family offices worldwide use such profit‑sharing plans, but the U.S. leads.

New ways to share profits include special carry arrangements and long‑term plans that pay out when the investments do well.

The goal is to keep good people working for these offices instead of moving to other firms.