Our firm
Infinite Circles Asset Managers.
- Independent asset manager based in India.
- Established 2025, Delhi NCR. Partner owned.
- Manager of the Macro Transition Fund, a SEBI registered Category III AIF.
- Adviser to global institutional investors on their Indian equity strategies.
The firm in figures
- 2025
- Established Delhi NCR, partner owned
- 26
- Years, CIO experience Indian and Asian equities, global macro
- 3
- Strategy availability AIF in India, Luxembourg UCITS, Mauritius CIS platform

People
Debashish Bose
Managing Partner & Chief Investment Officer
26 years of experience in Indian and Asian equities, global macro and cross-asset strategies, across macro, fundamental, behavioural and quantitative methodologies.
Founded Infinite Circles Asset Managers to manage AIFs in India and advise foreign institutional investors on their Indian equity strategies.
- Experience
- 26 yearsIndian and Asian equities, global macro, cross-asset strategies
- Previous roles
- OAKS AMC (PMS), DSP Investment Managers, IDFC AMC, UBS, Kotak Mahindra and Quant Capital
- Education
- MBA, IIM CalcuttaB.Tech, NITK Surathkal

Yajat Bendale
Associate Vice President
Works across operations, research and AI enablement at Infinite Circles Asset Managers.
Previously in Decision Analytics at ZS Associates, delivering growth analytics for AbbVie’s neuroscience portfolio.
- Previous role
- ZS AssociatesDecision Analytics (growth analytics for AbbVie’s neuroscience portfolio)
- Education
- B.Tech, Mechanical EngineeringNITK Surathkal
Institutional partners
Overseas investment relationships
Infinite Circles advises the investment managers of two offshore funds on Indian equities.
Luxembourg UCITS
HSZ Group
Independent, partner-owned investment firm based in Hong Kong and regulated by the SFC. Established through a management buyout in 2000. HSZ Hong Kong Ltd is the investment manager of Prana India Equity, for which Infinite Circles acts as investment adviser.
Mauritius CIS
Dovetail Investment Management
Mauritius-based investment manager, managing assets for accredited investors across public and private equity, debt and derivatives in Indian and global markets. Holds a Category 1 Global Business Licence, a Collective Investment Manager licence and an Investment Advisor licence from the FSC, Mauritius, and a non-investing Category I FPI licence issued by SEBI in India.
Manager disclaimer
Infinite Circles Asset Managers LLP is the investment manager of the Macro Transition Fund and investment adviser to the managers of the offshore funds named above. This page is a description of the firm. It is not an offer to sell or a solicitation to buy units of any fund, and no return is assured.
Contact
Investor enquiries
Investment enquiries, the strategy presentation and fund information.