Business Standard
ICICI Venture mulls 4 specialised funds
ICICI Venture is planning to set up four new specialised funds, including a small-cap fund, a mezzanine fund, a hedge fund, and a fund of funds.
The size of the small-cap fund will be around $500 million. It will begin with a corpus of $200-250 million, which will be hiked to that figure within the next nine months.
The mezzanine fund will have around $100 million. ICICI is yet to formalise the size or the timing of the other two funds.
ICICI Venture has also tied up with seven of its key investors in its private equity funds that will co-invest with them in acquisitions and buying of stakes in companies.
Continue reading "ICICI Venture mulls 4 specialised funds"
The size of the small-cap fund will be around $500 million. It will begin with a corpus of $200-250 million, which will be hiked to that figure within the next nine months.
The mezzanine fund will have around $100 million. ICICI is yet to formalise the size or the timing of the other two funds.
ICICI Venture has also tied up with seven of its key investors in its private equity funds that will co-invest with them in acquisitions and buying of stakes in companies.
Continue reading "ICICI Venture mulls 4 specialised funds"
