Ishita Khare


Ishita advises fund managers on the establishment of funds across a range of asset classes, including real estate, private equity, private credit, infrastructure as well as funds of funds and joint ventures.
She is also part of our tier 1 institutional investor practice advising sovereign wealth funds, pension funds, development finance institutions, insurance companies, family offices and other institutional investors on fund investments, co-investments, funds of one and managed accounts across all asset classes, and has advised clients on secondaries transactions and investor negotiations. She has previously worked as an investment funds attorney in Mumbai, India.


Representative matters

A Luxembourg based European logistics focussed semi open-ended fund in relation to its equity raise and numerous secondary transfers by its LPs.

A UK based manager in setting up a Luxembourg based fund with an ‘Article 8’ SFDR sub-fund.

Numerous Middle-Eastern sovereign wealth funds in relation to their investments across European funds.

A various Middle-Eastern sovereign wealth funds in relation to secondary transfers of their investments across global investment funds pursuant to government mandates.

Pro bono

Contributed to the research project with The Cyrus R. Vance Center for International Justice in New York partnering with the Africa End Sexual Harassment Initiative (AESHI) and the Pan Africa Lawyers Union (PALU) in an analysis of legal protections against workplace sexual harassment in Sub-Saharan Africa.

Published Work

  • Singh Divaspati, Khare Ishita (2021) “Exploring eclectic offerings by GIFT City for fund managers”, India: CNBC TV18
  • Singh Divaspati, Khare Ishita (2021) “SEBI to ease investment norms for venture capital and angel funds”, India: VCCircle
  • Shah Siddharth, Mimani Vivek, Khare Ishita (2020), “Season’s Greetings from GIFT City: AIF wish-list in IFSC fulfilled?”, India: Mondaq and Lexology
  • Ajinkya Bijal, Kundu Ishani, Khare Ishita (2019) ““Investment Funds” Chapter, in International Fiscal Association”, London: London Congress Cahiers-Volume 104 (de droit fiscal international 1938-2019)- Investment Funds

Speaking Engagements

  • CPE Study Circle of WIRC of the Institute of Chartered Accountants of India on the legal and regulatory aspects of the IFSC regime in GIFT City, 25/08/2021

Leadership Positions And Professional Affiliations

  • Member, Bar Council of India and Bar Council of Maharashtra and Goa


  • Winner, International Bar Association (IBA) Asia Pacific Regional Forum Conference Rome Scholarship programme, 2018
  • Knowledge Management Award for consistent quality contribution to the knowledge portal of Khaitan & Co., 2020



Bar Council of India and Bar Council of Maharashtra and Goa, 2017
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.