PROJECT

Projects

Summary of Investment Information

Project Number

31470

Company Name

ZEPHYR PEACOCK INDIA FUND III LIMITED

Date SPI Disclosed

Nov 10, 2011

Country

India

Region

South Asia

Projected Board Date

Jan 31, 2012

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Sep 12, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jan 31, 2012
Signed : Mar 21, 2012
Invested : May 23, 2012

Sector

Growth Equity Fund

Project Description

The proposed project is an investment in Zephyr Peacock India Fund III (“ZP III” or the “Fund”), focused on financing capital efficient and differentiated small and medium enterprises (SMEs) across India. The Fund will focus on taking significant minority positions in market leading, entrepreneurially-led companies in high growth sectors including businesses that serve the infrastructure sector, specialty manufacturing, financial services, pharmaceuticals and information technology (the “target sectors”).The proposed project is a successor fund to Zephyr Peacock India Fund II (“ZP II”), a 2008 SME-focused fund of $48 million. ZP II has invested in five companies (of which three are directly operational in low income states) across telecommunications and IT infrastructure services, renewable energy and healthcare sectors.

Associated Advisory Engagement

              

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation