Motilal Oswal PE arm raises Rs.4,500-Cr for India Business Excellence Fund IV

Motilal Oswal PE (MOPE), a part of the Motilal Oswal Financial Services Ltd (MOFSL) group, has raised INR 4,500 crore for its India Business Excellence Fund IV (IBEF IV) from domestic high net worth individuals (HNIs) and family offices. With this fund, the cumulative AUM raised under the PE and PE-RE platforms would stand at around INR 14,000 crore. MOPE is currently managing over USD 1.1 Billion across four growth capital funds.