Private Equity Fund News
Ex-NIIF ED Padmanabh Sinha to launch new PE fund ‘LaunchBay Capital’
Source Mint (opens in a new tab)
Padmanabh “Paddy" Sinha, a former top executive at the state-run National Investment and Infrastructure Fund Ltd (NIIF), is launching a new private equity (PE) fund to raise about USD 250 million.The fund, under the name LaunchBay Capital, will focus on USD 25-50 million investments in growth-stage companies, across segments such as consumer, technology, industrial, business services, healthcare, and financial services.