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India-focused mid market private equity firm<a href="http://dealstreetasia.com/tag/sealink-capital" target="_blank" rel="noopener"> SeaLink Capital Partners</a> today announced the closure of its maiden investment vehicle at $315 million.</article>

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India-focused mid market private equity firm<a href="http://dealstreetasia.com/tag/sealink-capital" target="_blank" rel="noopener"> SeaLink Capital Partners</a> today announced the closure of its maiden investment vehicle at $315 million.
Founded in 2015 by former Goldman Sachs and KKR executive Heramb Hajarnavis, SeaLink Capital had set an initial target to raise $250 million for its fund.
The announcement comes close on the heels of another mid-market private equity firm <a href="http://dealstreetasia.com/tag/lighthouse" target="_blank" rel="noopener">Lighthouse Capital</a> hitting the first close of its third fund at $150 million.
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The private equity firm is focused on mid-sized companies in growth segments within the healthcare, information technology, financial services, business services, consumer products and niche manufacturing sectors. It has set its targeted investment size at $15 million to $50 million, with the flexibility to scale up capital commitments selectively.
In 2016, SeaLink had participated in a $15 million Series C round of funding of NephroPlus, a leading operator of dialysis centres.
&#8220;We strongly believe in the potential of mid-sized businesses in India, which constitute the growth engines of the economy. These businesses are in need of ‘smart money’ and investors who will serve as advisors and thought partners. Our focus is on combining our active ownership with a strong partnership-based approach to maximize their growth and performance through global best practices,&#8221; said Heramb Hajarnavis, Managing Partner of SCP.
Other mid-market private investors currently raising funds include<a href="http://dealstreetasia.com/tag/amicus" target="_blank" rel="noopener"> Amicus Capital</a>, which is planning to make a final close of its $200-million fund by the end of March. IDFC Alternatives is reportedly aiming to close its fourth consumer-focused fund. ICICI Venture, too, is likely to close a $350-million fund soon.
In November last year, another Mumbai-based private equity firm<a href="http://dealstreetasia.com/tag/paragon" target="_blank" rel="noopener"> Paragon Partners </a>completed the fund-raising for its maiden growth fund at $120 million.
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Also Read:
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/51508-51508/" target="_blank" rel="noopener">India: NephroPlus raises $15m in a Series C round led by Sealink Capital, IFC</a>
<a style="color: #ff0000;" href="https://www.dealstreetasia.com/stories/lighthouse-first-close-fund-june-94900/" target="_blank" rel="noopener">PE firm Lighthouse marks first close of third fund at $150m, eyes final close by June</a>
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India-focused mid market private equity firm SeaLink Capital Partners today announced the closure of its maiden investment vehicle at $315 million.

SeaLink Capital raises maiden India-focused fund at $315m; exceeds target

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SeaLink Capital raises maiden India-focused fund at $315m; exceeds target

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