India’s Zephyr Peacock reaches second close on Fund III
India-focused GP Zephyr Peacock has reached a second close of $70 million on its third fund. The vehicle, which launched in November 2011, has a final target of $150 million. A first close of $50 million came one year ago.
Zephyr, which targets small- and medium-sized enterprises, took less than six months to accumulate of $75 million for its second fund - its first institutional vehicle - in 2009. That fund was smaller...
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