Venture Intelligence (TSJ Media Pvt. Ltd.)
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BPEA Credit raises Rs.375-Cr in first close of rupee fund
Private Equity firm BPEA Credit has made the first close of its latest rupee fund, BPEA Credit Select Short Term Income Fund-I (SSTIF-I), with a target size of INR 750 crore and a green shoe option of INR 750 crore. The fund has raised about INR 375 crore in the first close. The fund targets 10-12 investments in areas of manufacturing, engineering services and other infra-linked sectors.In 11 years since its inception, BPEA Credit has raised three funds and invested over USD 1.1 billion across multiple sectors. Its investment focus is on Asia ex-China, with an emphasis on India and Southeast Asia.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.