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2i Capital Announces First Close of Its 2nd Fund At $60 Million

Posted on July 07, 2008

2i Capital, a mid-stage, growth-oriented private equity fund, has raised $60 million as the first closure of its second fund - Indian Enterprise Fund . The target corpus of the fund is $200 million. This is the second fund from 2i Capital group, which has till now invested $200 million in 17 companies across sectors from its first fund 2i Capital PCC, a foreign venture capital fund.According to a press note issued by the company, the fund will look at making growth capital investments in mid-sized companies with strong management teams and that are operating in high growth consumer or ind...

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