How did Global Opportunities Fund connect Bermuda structures to Mauritius funds?

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Global Opportunities Fund Served as an Investment Vehicle for Mauritius-Based Funds in Adani Group

The Global Opportunities Fund, based in Bermuda, acted as an investment vehicle through which offshore funds registered in Mauritius, namely the Emerging India Focus Fund (EIFF) and the EM Resurgent Fund (EMRF), invested in publicly traded stocks of the Adani Group. Reports indicate that these Mauritius-based entities collectively acquired between 8% and 14% of shares in four Adani Group companies: Adani Power, Adani Enterprises, Adani Ports, and Adani Energy Solutions.
Investment Pathway Through Bermuda

The primary factual connection presented is that the Global Opportunities Fund, a Bermuda-based entity, was the specific channel utilized by the Mauritius-based funds, EIFF and EMRF, for their investments into Adani Group companies. This structure facilitated the flow of capital from the Mauritius funds to the Adani Group's publicly traded shares.
Mauritius Funds as Key Investors

The Emerging India Focus Fund and the EM Resurgent Fund, both registered offshore in Mauritius, have been identified as significant investors within this structure. These funds were reportedly responsible for channeling substantial capital into Adani Group's listed entities, as detailed by the Organised Crime and Corruption Reporting Project (OCCRP).
Limited Detail on Specific Interconnections

While the OCCRP report identifies the Mauritius funds and the Bermuda fund as linked through investment activity, the provided information does not elaborate on the granular details of their ownership structures or management relationships. The specific legal or financial arrangements that precisely governed the connection between these entities beyond the stated investment pathway are not detailed in the available accounts.

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How did Global Opportunities Fund connect Bermuda structures to Mauritius funds?

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