New Delhi, March 12 -- India's domestic HNI LP community has grown into a formidable capital base, prompting fund managers to tailor strategies specifically for them. Traditionally, HNIs functioned as passive limited partners (LPs), allocating capital to funds and waiting for returns. However, today's HNIs-many of whom are first- or second-generation entrepreneurs-are no longer content with a hands-off approach. They seek deeper engagement with funds and portfolio companies. Many have built businesses themselves and bring operational expertise, strategic insights, and an eagerness to contribute beyond capital. They are unafraid to ask tough questions and even roll up their sleeves to help companies strategize and execute. Multi-family off...