By Mars Woo
Chief Investment Officer Dr Raphael Arndt said the fund has a desire to see Australia’s PE and Venture industry thrive, and part of it would be giving small and medium businesses the capital and expertise they need to reach their full potential.
It aims to close its $76-million fourth fund by the end of third quarter this year.
KKR India Financial Services has provided about $4.3 billion of financing to companies over the past eight years in India’s structured credit space.
The acquisition of Clearwater, which has $1.4 billion in assets under management, will allow Fiera to gain a foothold in Asia.
This is the second acquisition within a month by CLSA’s Sunrise III after Marubeni Mates in February.
Raghavan, who was with Bain Capital between 2008 and 2017, has set up his technology-focused PE fund Marathon Edge Partners and is raising $125-150 million.
The Japan Post group announced in January it is setting up a private equity fund investment company, with up to $1.12 billion in an initial fund.
Singapore’s sovereign fund GIC has partnered CCLA Group to develop and operate purpose-built, for-rent multi-family buildings across Mexico’s largest cities.
Perfect Day said the fundraising was the largest Series A in the history of the sustainable food technology industry.
The Rs 300-crore fund will be used to invest in secured debt instruments in construction and development of residential realty assets in key tier-I cities.