108 India Focused Private Equity funds in the market are about to raise funds up to 15.1 billion Dollars.
Based on the data collected by Preqin, at present 108 Private Equity (PE) funds are making arrangements to raise new investment vehicles. All these PE funds are making efforts to raise funds between 500 million Dollars and 2 billion Dollars in the capital.
True North, Aditya Birla Private Equity Fund, Multiples, Next Orbit Ventures, and Greater Pacific Capital are included in the list of the 108 PE funds.
In addition, at least three noticeable PE firms are getting ready to launch new funds. June 21 Edition of The Economic Times reported that the Mumbai-based India Focused PE firm Samara Capital was preparing to launch 550-million Dollars fund, by the end of 2018.
Homegrown PE firm ChrysCapital is believed to start a new 800 million Dollar fund. Everstone Capital, a leading PE, and real estate investment firm might launch a 1-billion Dollar fund.
In April, reports suggested that Carlyle Group was about to close its biggest-ever Asia private equity funds of 6.5 billion Dollars and that Bain Capital was planning up to 4 billion Dollars for its new Asia-focused fund.
The initial half of this year 2018 proved to be a record-breaking period for the Private Equity industry, according to Grant Thornton report. During this period, the industry has seen deals worth over 9 billion Dollars, which is a 12 percent increase over the same period in the previous year.
This was mainly due to the large-value deals of over 100 million Dollars, and due to the fact that the pension funds, global buyout funds, and sovereign wealth funds improved their India exposure.
In June 2017, 97 funds tried to raise 12.1 billion Dollars, while in 2016, 76 funds targeted to raise around 11.3 billion Dollars. According to Preqin data, 34 Private Equity funds raised 3.9 billion Dollars in 2017, reported The Economic Times.
The post India Focused Private Equity Funds To Raise 15 Billion Dollars appeared first on OWLT Market.
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