VC Fund Investments
Multi family office Waterfield Advisors raises $6-M
Mumbai-based Waterfield Advisors, a multi-family office and wealth advisory firm, has closed a USD 6 million funding round from single-family offices, ultra-high net worth individuals and existing investors. The capital will be deployed to accelerate growth, including hiring talent, upgrading technology, and expanding coverage to include both listed as well as unlisted investments. The proceeds will also be used to expand international presence in Singapore, England, the US and the Middle East. Waterfield was founded in 2011 by Soumya Rajan and manages assets worth USD 4 billion.
From the Venture Intelligence PE-VC Deal Database: Between Mar-14 and Dec-19, Waterfield Advisors raised $8.2 M from RAAY Global Investments, TVS Capital, Zephyr Peacock, Gaja Capital and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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