IFC set to invest as Everstone targets $650m for Fund III
The International Finance Corporation (IFC) has proposed investing up to $50 million in India-focused GP Everstone Capital’s third fund, which has a target size of $650 million.
The fund, Everstone Capital Partners III, has a hard cap of $700 million, IFC said in a filing. Its predecessor closed at $580 million in 2010, with LPs including HarbourVest Partners, Denmark-based Industriens...
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