Investcorp, backed by Emirati sovereign wealth fund Mubadala, aims to conclude fundraising for its second India-focused investment fund by the end of this year, said Rishi Kapoor, chief executive, Investcorp.
The Bahrain-based global manager of alternative investment products manages assets worth over $50 billion.
It has already raised over half the target corpus of the India private equity fund, he said. "We are over halfway through the $400 million (around ₹3,300 crore) target fund... we would look to wrap it up by the end of 2024.
We've already done three deals out of it." A fourth deal is in the pipeline, he added.
Investcorp made its India debut with the acquisition of IDFC Alternatives' private equity and real estate business in 2019. It has so far struck 16 transactions, involving Xpressbees, FreshToHome, InCred Finance, NephroPlus, and Bewakoof, among others.
この記事は Mint Mumbai の February 19, 2024 版に掲載されています。
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この記事は Mint Mumbai の February 19, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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