PROJECT

Projects

Summary of Investment Information

Project Number

43399

Company Name

CREAEGIS INVESTMENT FUND-II

Date SPI Disclosed

Apr 13, 2022

Country

India

Region

South Asia

Projected Board Date

Jun 16, 2022

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jan 19, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Jun 16, 2022
Signed : Jun 30, 2022
Invested : Nov 2, 2022

Sector

Growth Equity Fund

Project Description

 IFC proposes an equity investment of up to US$25.25 million, not exceeding 20% of total commitments, in Creaegis Investment Fund-II (“CIF-II”), a trust established under the Indian Trusts Act 1882 and registered as a Category II Alternative Investment Fund (AIF) with the Securities and Exchange Board of India (SEBI). The Fund is targeting US$500 million in commitments to invest in 10-15 companies in consumer, financial services, healthcare and technology sectors.                                                  

Associated Advisory Engagement

N/A                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation