L&L Partners young corporate partner Amit Shetye is set to join New York-headquartered infrastructure investment fund giant Global Infrastructure Partners (GIP) in a senior in-house legal and executive role in India, according to several sources.

Luthra & Luthra has promoted two M&A and private equity lawyers – Damini Bhalla and Amit Shetye – to its partnership, as the firm has widened its executive committee and management outlined a strategic vision to ditch lower margin work and eschew big headcounts.