IIFL Private Equity targets $524m for latest India pre-IPO fund
IIFL Private Equity is seeking up to INR 40bn (USD 524m) in commitments for its latest India pre-IPO fund as part of a broad fundraising push intended to secure INR 70bn to INR 80bn across multiple strategies over the next 12 months.
The latest iteration of the firm’s Special Opportunities Fund (SOF) – classified as Series 9 and 10 – has already raised INR 26bn and a final close of INR 35bn to INR 40bn is pencilled in for the...
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