GQG Partners Inc founder Rajiv Jain will meet with clients and investors in Australia this week to discuss, among other things, the firm's investment in the troubled Indian conglomerate Adani Group. GQG Partners purchased shares in four Adani group companies worth $1.87 billion, the first major investment in Adani since a short-critical seller's report in January sparked a stock rout. An Australian pension fund client of GQG has expressed concern about the stake purchase, which comes at a time when major investors, including Norway's sovereign wealth fund, are selling Adani shares. Jain is meeting in person with some of GQG's clients while holding conference calls with others. It's also an opportunity to answer any questions they have about the business, including the Adani investment, GQG said, adding that this is Jain's first visit to Australia since the company went public on the ASX in 2021. GQG paid $662 million for 3.4% of Adani Enterprises, $640 million for 4.1% of Adani Ports and Special Economic Zone, $230 million for 2.5% of Adani Transmission, and $340 million for 3.5% of Adani Green Energy. According to the filings of the Indian firms, it purchased the stock from the Adani family trust. GQG manages equity funds for institutional investors in and outside the United States, including mutual funds, private funds, public agencies, and sovereign funds, according to some analysts. According to its filings, the Americas account for more than two-thirds of the funds under management of the Australia-listed investment firm. GQG received net flows of $3 billion in January and February, accounting for more than two-thirds of the total for 2022. Also Read Locals in Chinchinim, Goa oppose purchasing further land to widen NH66 New road safety centre initiated by Chandigarh Road Safety Society