Venture Intelligence (TSJ Media Pvt. Ltd.)
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Everstone targets $1-B for Asia PE fund
Singapore-based Everstone Capital Asia Pte is planning to raise USD 1 Billion for its new private equity fund targeting Investments in India and Southeast Asia. The new fund would be the largest ever for Everstone and would be more than three times its predecessor fund, Everstone Capital Partners IV, which collected about USD 300 million last year. Investors in Everstone's prior funds include International Finance Corp., which had committed USD 60 million to the fourth fund. Everstone invests in digital-tech, healthcare, industrial, consumer and financial services companies.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.