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  • Motilal Oswal Private Equity raises first tranche of Rs 3,500mn for IBEF-II
  • February 08, 2012
  • Motilal Oswal Private Equity Advisors Private Limited ('MOPE") announced the first closing of its second private equity fund, India Business Excellence Fund-II.

    Mumbai: Motilal Oswal Private Equity Advisors Private Limited ('MOPE") announced the first closing of its second private equity fund, India Business Excellence Fund-II ("IBEF-II")[1]. IBEF-II is focused on providing growth capital to mid-market companies in India to help accelerate their growth. The first close has been achieved at an equivalent of Rs 3,500mn raised through a combination of domestic and offshore investors. Overall, IBEF-II is targeting to raise equivalent of Rs 7,500mn.

    IBEF...
  • View more at: http://www.1888pressrelease.com/motilal-oswal-private-equity-raises-first-tranche-of-rs-3-50-pr-371976.html