darby-closes-novel-india-private-equity-fund

Darby closes novel India private equity fund

Financial sponsor Darby raises $127 million for private equity investments in India from rich retail investors using the Franklin Templeton India marketing network.
Darby Asia Investors India, the Indian private equity affiliate of Darby Overseas Investments, has raised a Rs6.3 billion $127 million fund from Indian high-net-worth individuals.

Darby Overseas is the private equity arm of Franklin Templeton Investments. It focuses on emerging markets and has a presence in Asia, Central and Eastern Europe and in Latin America.

Darby Asia worked with Franklin Templeton to raise the commitments for the new fund, which is named Franklin Templeton Private Equity Strategy. FTPES is a closed-end, rupee-denominated private equity portfolio which will invest in high-growth, mid-sized unlisted companies in India. The fund will focus on companies that are active in areas such as infrastructure, manufacturing, consumer goods and related...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222