# 42 Astra Advisory

> 42 Astra Advisory Sàrl is a Swiss management consulting firm based in Montreux, Switzerland. It advises regulated asset managers, family offices and emerging general partners (GPs) on multi-jurisdictional fund structuring, cross-border operating models, India market access under the TEPA treaty, LP infrastructure, fractional CCO services, and operational due diligence. All work is management consulting only — legal, tax, regulatory and investment decisions remain with the client and their licensed advisers.

## About the Firm

- **Legal name:** 42 Astra Advisory Sàrl
- **Domicile:** Montreux, Vaud, Switzerland
- **Website:** https://42astra.com
- **Founder:** Nayan Kumar Agarwal — 30+ years across investment management, regulated fund structures and cross-border governance in Switzerland, Cyprus, Mauritius, India, Africa and Bermuda
- **Languages:** English, French, German, Italian
- **Related entities:** Operates alongside Bao Capital Sàrl and Chimera Arbitrage SA as part of a coordinated Swiss advisory structure
- **Scope limit:** Management consulting only. The firm does not hold any financial services authorisation, does not provide investment advice, and does not act as a licensed intermediary or regulated entity in any jurisdiction.

## Advisory Services

### Multi-Jurisdictional Fund Structuring & Launch Advisory
Jurisdiction selection, operating model design and documentation architecture for cross-border investment platforms across Cyprus, Mauritius, Bermuda and Switzerland. The firm designs the architecture; legal, tax and regulatory specialists implement it.
[Fund structuring advisory](https://42astra.com/fund-structuring)

### India Equity Access & TEPA Advisory for Swiss Wealth Managers
Advisory on India equity access under the India–EFTA Trade and Economic Partnership Agreement (TEPA), which entered into force in October 2025. FINMA-regulated entities now qualify for SEBI Category I FPI status. Covers TEPA access modes (Mode 1 cross-border, Mode 3 commercial presence, Mode 4 professional mobility), SEBI FPI registration pathways, GIFT City platforms, and feeder structures for Swiss private banks, EAMs and asset managers.
[India equity access and TEPA advisory](https://42astra.com/india-access)

### India Market Access Advisory
Consulting support for Swiss and European investors seeking disciplined exposure to India, and India-based managers engaging European capital. Covers FPI routes, GIFT City platforms, feeder structures, SEBI/RBI/FEMA constraint mapping, and LP segment alignment for cross-border managers.
[India market access advisory](https://42astra.com/india-market-access)

### Fractional CCO & Regulatory Advisory Retainer
Ongoing governance and regulatory advisory for boutique managers and investment platforms. Covers regulatory calendar design, supervisory correspondence preparation, AML/KYC framework review, cross-border distribution framework design and investor qualification processes. Advisory support only — not the regulated compliance function.
[Fractional CCO advisory](https://42astra.com/fractional-cco)

### Investor Relations & LP Infrastructure Build
LP-facing materials and processes for first- and second-time managers: PPM and fund-document consistency reviews, subscription and side-letter process design, data-room architecture, investor presentations, quarterly reporting frameworks, capital-call and distribution notices, and CRM structures.
[LP infrastructure advisory](https://42astra.com/lp-infrastructure)

### Operational Due Diligence Advisory
ODD readiness assessments, gap remediation planning, DDQ response management, and allocator-side framework design. Covers governance and key-person risk, compliance and regulatory standing, technology infrastructure, and cross-border regulatory coherence. Draws on 30+ years of operational experience on the manager side.
[Operational due diligence advisory](https://42astra.com/services/operational-due-diligence)

### Swiss–India Strategic Growth & TEPA Advisory
Strategic advisory on Swiss–India corporate relationships, growth strategies, ecosystem alignment, and TEPA-related opportunities across selected sectors. For dual-use and ISR-related industrial ecosystems, work is limited to conceptual mapping, governance considerations and board-level briefings.
[All services](https://42astra.com/services)

## Who the Firm Works With

- Swiss External Asset Managers (EAMs) and multi-family offices building institutional-grade platforms
- Emerging GPs in Europe designing multi-jurisdictional operating models
- Swiss and European investors seeking disciplined exposure to India
- India-based managers engaging Swiss and European LPs
- Family offices and principals planning cross-border fund or co-investment platforms
- Swiss private banks, independent asset managers, and EAMs seeking India market access under TEPA
- Swiss and Indian corporates navigating bilateral opportunities under the TEPA framework

## Key Technical Concepts

- **Fund structuring jurisdictions:** Cyprus (AIF), Mauritius (GBL), Bermuda (SPC), Switzerland (Swiss LP)
- **India access frameworks:** SEBI FPI Category I/II, GIFT City IFSC, feeder fund structures, FPI/Portfolio Manager registration
- **TEPA access modes:** Mode 1 (cross-border digital), Mode 3 (commercial presence/branch), Mode 4 (professional mobility)
- **Regulatory scope:** FINMA (Switzerland), SEBI and RBI (India), FCA (UK), CSSF (Luxembourg)
- **LP due diligence:** ILPA-standard DDQs, data room architecture, ODD readiness frameworks
- **Compliance frameworks:** AML/KYC design, regulatory calendar management, supervisory board engagement

## Engagement Model

Engagements are structured as fixed-fee projects or retainers against defined deliverables. The firm does not work on success-fee or placement-fee models. Regulatory clarity on scope is a precondition of every engagement.

## Site Map

- [Homepage](https://42astra.com/) — Firm overview and service summary
- [Services overview](https://42astra.com/services) — All six advisory areas in detail
- [Fund structuring](https://42astra.com/fund-structuring) — Cyprus, Mauritius, Bermuda, Switzerland
- [India equity access & TEPA](https://42astra.com/india-access) — TEPA advisory for Swiss wealth managers
- [India market access](https://42astra.com/india-market-access) — Broader India advisory for European investors
- [Fractional CCO](https://42astra.com/fractional-cco) — Regulatory advisory retainer
- [LP infrastructure](https://42astra.com/lp-infrastructure) — Investor relations build
- [Operational due diligence](https://42astra.com/services/operational-due-diligence) — ODD advisory
- [About](https://42astra.com/about) — Firm background and founder profile
- [Contact](https://42astra.com/contact) — Mandate enquiries