FKSA advised Blue Ridge Limited Partnership and Blue Ridge Offshore Master Limited Partnership in connection with their investment in JM Financial Limited, an Indian public company listed on the Bombay Stock Exchange. On August 29, 2006, JM's board allotted shares to Blue Ridge in a preferential allotment, increasing Blue Ridge's equity interest in JM to 11.09%.

Blue Ridge is a prominent hedge fund that makes investments in the U.S. and abroad. JM Financial is a leading financial services company in India.