Aureos targets $200m fund for India, Sri Lanka, Bangladesh
Aureos Capital is targeting a year-end close for a $200 million fund that will invest in India, Sri Lanka and Bangladesh. Balaji Srinivas, managing partner at Aureos India Advisers, told Bloomberg that the Aureos India Fund II would deploy around 15% of its capital in Sri Lanka and Bangladesh, with the remainder entering India.
The fund will look for deals in Indian cities with populations of less than four million, including Ahmedabad, Surat, Coimbatore, Chandigarh, Madurai, Kochi and Bhopal. Sivendran Vettivetpillai, CEO...
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